Older state pensioners are being handed as much as £415.44 per week in the event that they max out two parts of their DWP funds. That’s as a result of many older state pensioners are additionally eligible for added ‘increments’ on high of their fundamental state pension quantity from an older scheme known as Additional…
HMRC is ramping up its scrutiny of property valuations as half of a clampdown on inheritance tax avoidance, based on a number one legislation follow. The quantity of circumstances referred to the Valuation Office Agency (VOA) has risen 23.5% within the final yr, based on analysis by TWM Solicitors. It discovered that referrals to…
Capital gains tax receipts have reached a record £22.2bn for the 2025-2026 tax yr, considerably exceeding the earlier peak of £16.9bn recorded in 2022-23. The newest HMRC information additionally reveals receipts surpassed the £13.7bn recorded over the identical interval in 2024-25 and outperformed the Office for Budget Responsibility’s forecast of £20.3bn set on the Autumn…
Tens of 1000’s of Britons are lacking out on getting tax rebates as a result of they aren’t cashing cheques despatched to them by HMRC, The i Paper can reveal. Every yr, hundreds of thousands of people that overpay earnings tax obtain a letter from HM Revenue & Customs (HMRC) telling them easy methods to…
The modifications that got here into drive from 6 April mark the largest shake-up to CIS compliance in 20 years and push legal responsibility effectively beyond corporations straight concerned in wrongdoing. Under the brand new regime, HM Revenue & Customs can strip companies of gross cost standing and pursue administrators personally…
Families may save hundreds through the use of the scheme (Image: PA) Parents are being urged to sign up for tax-free childcare this Easter to minimize the associated fee throughout the holidays. Working households can sign up for the scheme, saving up to £4,000 a yr. Once a tax-free childcare account has been opened for…
The UK’s tax assortment company has awarded Amazon Web Services – the one remaining bidder – a contract value practically £500 million to migrate companies from three Fujitsu-run datacenters and host them for up to a decade. His Majesty’s Revenue and Customs (HMRC) mentioned the British department of AWS’s Luxembourg-based subsidiary submitted the one tender…
HM Revenue and Customs (HMRC) is urging extra working mother and father to enroll to the Tax-Free Childcare programme, which provides as much as £2,000 in annual financial savings per youngster below the age of 11. For every £8 deposited right into a Tax-Free Childcare account, the federal government provides an additional £2 to assist…
With faculty holidays quick approaching, HM Revenue and Customs (HMRC) is encouraging households to join the federal government’s Tax-Free Childcare scheme earlier than reserving golf equipment, camps or childminders. The push comes after the newest figures revealed that greater than 542,700 households saved cash on childcare in December 2025 alone, with authorities assist topping £46…
HMRC have confirmed that they may introduce Multi-factor Authentication (MFA) for agent accounts as a part of its efforts to fight the continued and evolving menace to on-line safety. From 7 April 2026, agents signing in to HMRC’s on-line companies will start to see a brand new web page explaining that Multi-factor Authentication (MFA) is…