HMRC estimated that 1.1 million customers missed the initial self-assessment deadline on January 31 this year and those who ...

“Audit rates for the average taxpayer have remained relatively low for years and will likely continue at similar levels in ...

Less than 1% of all returns filed between 2013 and 2021 had been audited as of the end of fiscal year 2023, according to IRS ...

The latest official figures show that between January and March this year, HMRC processed over 15,000 tax refund claims to ...

Making an accidental claim related to your work experiences could result in you owing thousands of pounds to HM Revenue and ...

The six biggest American tech companies – aka the Silicon Six – have paid $277.8bn too little tax over the past decade. Philip Fisher wonders if we are just going to let them get away with it. The ...

The taxman HMRC has been writing to people "for the first time in more than a decade" after their bank or building society ...

An alarmed financially-savvy Brit has shared how they face a tax bill from the taxman after HMRC was told of their savings - ...

Usually you'd need to click on site options icon ... tax that you’re actually going to owe on those earnings, as well as anything you can claim as a business expense.” Unlike workers with a direct ...

The new proposal, which was announced by HMRC earlier this year, means that from 2029, people earning up to £3,000 from side jobs such as selling online, dog walking, or part-time taxi driving will no ...

Creator tax pros share tips on tracking income—which can include brand trips—saving for taxes, and navigating write-offs.

HMRC has announced a change to tax reporting rules for side hustles, raising the threshold for self-assessment to £3,000. But while the move will simplify the process for many, one tax expert warns it ...