Category : Search result: selfassessment tax return


8 in 10 Brits return or sell unwanted gifts

New research shows 80% of Brits regift, return, or sell unwanted presents, with clothes topping the list. Expert advice on your consumer rights for post-Christmas returns.

HMRC warns of fines for late tax returns

HMRC urges self-assessment taxpayers to file by Jan 31 2026 or face initial £100 fines and escalating penalties. Learn the deadlines and how to avoid scams.

HMRC uses AI to target tax evasion and fraud

HMRC is turning to artificial intelligence to tackle a £700m tax gap and improve compliance. The technology will identify risks faster but human caseworkers will make final decisions. Read the latest.

Chancellor's Tax 'Workaround' for State Pensioners

Chancellor Rachel Reeves commits to a tax 'workaround' ensuring state pensioners won't pay income tax on their pensions this parliament. Full details on the new personal allowance plan.

HMRC hikes penalties for late tax returns in 2026

HMRC introduces stricter late-filing penalties and higher interest rates for the January 2026 tax deadline. Learn how to avoid costly fines and ensure your tax return is filed on time.

HMRC Sends New Tax Codes to UK Households

HMRC is issuing revised tax codes midway through the 2025/26 tax year, impacting savers. Check your code now to avoid over or underpaying tax on your savings interest.

HMRC Demands £8,165 from UK Households

UK households earning over £50,000 face £8,165 tax demands due to frozen thresholds. Discover the impact on savings and capital gains and how to protect your finances.

Tax Threshold Freeze Extended to 2031

The UK government extends the income tax threshold freeze to 2031, a move set to raise £7.6bn and pull millions into higher tax brackets. Discover the full impact.

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