A couple is slamming the Labour Government over a little-known £100,000 "tax trap" that has left them unable to afford a ...

Taxpayers have reached out to the taxman on X, formerly Twitter, as they try to seek clarity on an issue with payslips.

If you earn less than £18,570 a year from earned income and savings combined, then all your interest from those savings could ...

If you fail to declare any income or gains when submitting your tax return, you could be stung with a penalty. When you pay ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Lea Uradu, J.D., is a Maryland state ...

HMRC can issue penalties running into hundreds of pounds if you don't send a self-assessment tax return on time - but not ...

MILLIONS of Brits are set to be hit with higher tax bills this year due to a raft of Budget changes that will hit you in the ...

With the self assessment deadline looming, HMRC has revealed some taxpayers chose the festive period to file, with more than ...

The higher income tax band rate will remain frozen at £50,270 for the 2025/26 tax year. It means that those who earn between ...

HM Revenue and Customs ( HMRC) has issued a warning that 5.65 million people still need to submit their Self Assessment tax ...

The HMRC loophole that allows savers to increase their Personal Allowance to £18,570 has been extended until 2031.

Two key figures behind an elaborate pensions scam have been jailed for their role in duping 74 victims out of more than £3.7 ...