49 h. ago HMRC confirms exact date huge change to income tax will start and what it means

From April next year, taxpayers earning over £50,000 from self-employment or property income will need to comply with new Making Tax Digital (MTD) for Income Tax rules

Economics

1 week ago Is Qatar really the new Dubai? How much it costs to start a new life in the Middle Eastern hotspot where Brits are going wild for cheap rent, tax free

Britons beginning new lives in Qatar have been displaying the savings they are making - as figures suggest it compares favourably to neighbour and rival Dubai.

Economics

3 w. ago Does the huge NIC rise in the capital smash the business case for a London postcode?

Since the start of the tax year the average NIC bill per employee has jumped to £6,375.00, an extra £1,075.80

Politics

3 w. ago HMRC fines worth up to £900 for taxpayers who miss important deadline in May

From the start of May anyone who missed the tax returns self-assessment deadline on January 31 will start receiving £10 penalties every day

Economics

3 w. ago HMRC is a 'lumbering dinosaur' say MPs who call on tax office to start using AI

MPs are urging HMRC to start using AI to improve its productivity and 'out of date' services as the cost of collecting taxes soared by half a billion.

Politics

3 w. ago Government statement over fears Brits' pension payments could soon be taxed

If the State Pension surpasses £12,570 per year – as it will under the triple lock promise – older Brits may soon start paying tax on their payments from the DWP

Economics

4 w. ago Liverpool latest UK city to introduce 'tourist tax' as visitors to pay nightly fee

People staying overnight in Liverpool will have to start paying a £2-a-night “tourist tax” after the city’s hoteliers voted in favour of the plans - set to raise £9 million over two years

Society

4 w. ago HMRC confirms that new income tax rule change will start from next year

HMRC is encouraging people to sign up to a testing programme to prepare for the changed requirements to use Making Tax Digital (MTD) for Income Tax from April 6, 2026

Economics