Personal tax

Higher tax band will 'dampen' the economy

The introduction of the new higher income tax rate will damage the economy, the TaxPayers’ Alliance has claimed.

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Last 'amnesty' for unpaid taxes on offshore accounts

People who have money in offshore accounts but have not disclosed the tax that may be owing are being given a second and final chance to settle their bills at a reduced penalty rate.

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Taxpayers reminded of looming payment date

People who file self-assessment tax returns are being reminded that the next date for making a payment is imminent.

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Savers could be overpaying on tax

Some people who have not registered to receive gross interest could be paying too much tax on their savings income.

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HMRC warns taxpayers of increase in email scams

HM Revenue and Customs (HMRC) has alerted taxpayers to the risk posed by thousands of bogus emails offering people tax refunds.

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Incorrect tax codes affect millions of employees

There has been a rise in the number of queries that HM Revenue and Customs (HMRC) has received concerning incorrect employee tax codes.

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HMRC aims to secure details of more landlords

HM Revenue and Customs (HMRC) has put forward plans to increase the power it has to collect tax from landlords.

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New tax measures could harm business

Increases in business and personal tax pose a risk to the health of the UK economy, a survey has suggested.

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Pension contribution tax relief plans to be amended

A measure limiting how much tax relief people can claim on their pension contributions has been changed by the government.

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