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BirminghamWorld on MSNHMRC spotlight: The top tax investigations you need to know about (and how to be prepared)In recent years, HMRC has focused more on investigating certain sectors and taxpayer groups. Knowing these priority areas can ...
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Northamptonshire Telegraph on MSNHow to survive an HMRC tax investigation: All you need to know on what to do if the taxman comes callingThis article outlines battle-tested strategies that help taxpayers emerge from tax investigations with minimal damage to ...
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Derbyshire Times on MSNAre you facing a tax investigation? Understand HMRC’s COP8 and COP9 and why expert tax advice is keyHis Majesty’s Revenue and Customs (HMRC) conducts thousands of investigations each year, ranging from routine compliance ...
Vehicles purchased from April 2025 will be classified as company cars for benefit in kind, capital allowances, and some deductions from business profits and subject to increased tax rates.
HMRC will no longer ask hundreds of thousands of people with side hustles to file a tax return under new plans unveiled this week. The tax office will raise the reporting threshold for trading ...
HMRC has announced a major change to the way it collects tax on 'side hustles' with a new £3,000 threshold - but you will still owe just as much tax as before. The tax office says it will change ...
A significant tax overhaul is set to benefit hundreds of thousands of side hustlers, including Vinted sellers, drivers, and dog walkers, by freeing them from the burden of filing tax returns.
THOUSANDS of households are set to receive letters urging them to declare income from online sales up to four years ago - or face a surprise tax bill. HM Revenue & Customs (HMRC) is in the process ...
Article continues below This annual rebate, worth £25 for the 2024/25 fiscal year, can be claimed through the Marriage Tax Allowance from HM Revenue and Customs (HMRC). Claims lodged before April ...
HM Revenue & Customs recently published figures that show it generated £1.8bn more than expected from private sector roll-out of IR35 reforms, but those figures are being called into question.
UK residents who have managed to save more than £3,500 could soon face a substantial tax bill, according to reports. The Express has reported that HMRC can 'automatically detect' interest on ...
Through its Tax Help for Hustles campaign, HMRC has warned that you may need to pay tax on earnings from all your differents jobs. This is because HMRC classifies side hustles and other jobs as ...
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