Joining the boom in top-rate taxpayers?
New data from HMRC show there are now more than a million people paying income tax at a rate of at least 45%.
New data from HMRC show there are now more than a million people paying income tax at a rate of at least 45%.
In presenting Labour’s widely anticipated first Budget in 14 years, the Chancellor was faced with a challenging task…
Raising tax rates is a traditional government strategy to increase tax receipts for HMRC, but this may not be the case for capital gains tax.
Promised adjustments to pension law are missing a key element: the increasing of minimum contribution levels.
With a ‘black hole’ of £22 billion to fill, there are plenty of groups giving Rachel Reeves advice on how to recoup the money.
With around 670,000 child trust fund (CTF) accounts sitting unclaimed by Generation Z adults aged between 18 and 22, HMRC is concerned.
In August, HMRC published new data about how much CGT had raised but it suggests that increased capital gains tax (CGT) means less tax is paid
The cost for both employer and employees for tips can be circumvented if a tronc arrangement is used to distribute tips.
The student loan repayment threshold for England and Wales has been frozen at £25,000 until 2027, a detriment to new students this September.
The latest scam highlighted by HMRC is rather ‘old school’, involving letters posted to companies instead of the usual digital communication
With the dividend allowance now cut to just £500, the number of taxpayers paying tax on dividend income for 2024/25 is expected to increase.
HMRC has launched a new digital tool to help businesses estimate the potential impact of their VAT registration.