42 h. ago People warned to check if they owe tax ahead of payment deadline this month

People must settle their tax bills by midnight on July 31 to avoid potential fines from HMRC.

Events

61 h. ago Starmer defends lowering voting age to 16, saying people old enough to pay tax should have a say – UK politics live

Plan to give 16 and 17-year-olds vote across UK means nearly 1.5 million more people will be to have say at general electionWhile Rushanara Ali is answering the urgent question in the Commons, Keir Starmer is speaking at the event where he is announcing a “civil society covenant”.There is a live feed here.Why does this government think a 16-year-old can vote but not be allowed to buy a lottery ticket or an alcoholic drink, marry or go to war, or even stand in the elections they’re voting? It isn’t the government’s position on the age of maturity just hopelessly confused? Continue reading...

Politics

63 h. ago Retirement expert issues warning to people paying basic rate of income tax

Workplace pensions will form the backbone of income for workers in retirement.

Events

64 h. ago Money saving Expert urges over one million pensioners to check eligibility for £3,800 benefit

Attendance Allowance and Pension Age Disability Payment are tax-free and not means-tested.

Economics

3 d. ago Lanarkshire locals urged to check if they need to pay any tax ahead of deadline

Advice Direct Scotland has issued a reminder that people must settle their tax bills by midnight on Thursday, July 31, to avoid potential fines from HMRC.

Economics

3 d. ago West Lothian locals urged to check if they need to pay any tax ahead of deadline

Advice Direct Scotland has issued a reminder that people must settle their tax bills by midnight on Thursday, July 31, to avoid potential fines from HMRC.

Economics

3 d. ago HMRC doesn't know how many UK billionaires pay tax or how much they cough up

A group of MPs have warned HMRC does not know how many UK billionaires pay tax or the extent to which they contribute to the public finances, in a fresh blow to the prospect of a wealth tax

Economics

3 d. ago HMRC criticised by watchdog for failing to track billionaires’ tax

Report comes as government faces growing demands for wealth tax to improve health of public finances after welfare U-turn earlier this monthHM Revenue and Customs has been sharply criticised by parliament’s spending watchdog for being unable to track how many billionaires pay tax in the UK.In a highly critical report on the collection of tax from wealthy individuals, the influential Public Accounts Committee (PAC) said HMRC could not say how much the super-rich either contributed to the exchequer or avoided. Continue reading...

Economics

4 d. ago How much tax do Britain’s billionaires pay? HMRC has no idea, damning report finds

The finding comes amid growing calls for a wealth tax among Labour MPs

Economics

4 d. ago HMRC 'doesn't know how many billionaires actually pay tax in the UK', MPs reveal

MPs have criticised the taxman for its lack of detailed information on the super-rich and what they pay, potentially making it harder to impose a wealth tax

Economics

4 d. ago HMRC does not know how many billionaires pay tax in UK – report

The Public Accounts Committee is calling for HMRC to publish its plan for increasing tax yield from wealthy taxpayers domestically and offshore.

Economics

4 d. ago HMRC admits it has 'no clue' how many billionaires pay tax in UK

Taxman say in a report that they need to buck up their act to knuckle down on minted dodgers and now need to work out just how many there are

Economics

4 d. ago New calls for everyone on State Pension to be exempt from paying tax

A petition calling for the State Pension to be exempt from tax has gained thousands of signatures following a warning from a retirement expert

Economics

4 d. ago DWP to pay out handy extra cash sum to millions of Brits including PIP claimants

The DWP Christmas bonus is a one-off, tax-free payment made to individuals receiving certain benefits - but not Universal Credit

Economics

4 d. ago Report reveals HMRC unaware of how many billionaires pay tax in UK

The findings show there is "much more" the revenue body could do to target wealthy people

Economics

5 d. ago Number of pensioners paying tax set to soar by 2027, retirement expert warns

Due to rising pension rates, more pensioners could be subject to tax on their incomes in the coming years

Events

5 d. ago Woman who withheld council tax in climate protest faces losing home

Jane McCarthy, who has terminal cancer, withheld payments for three years in protest at Buckinghamshire council’s fossil fuel investmentsA woman who withheld council tax payments for three years in protest at her local authority’s continued investment in fossil fuels fears losing her home.Jane McCarthy, 74, said she decided on the protest after becoming increasingly fearful about the impact of climate breakdown on future generations, particularly when she learned about climate tipping points at a local meeting. Continue reading...

Society

5 d. ago Retirement expert warns number of pensioners paying tax set to soar due to rising incomes

HMRC estimates nearly 9 million pensioners will pay tax for the current financial year.

Events

6 d. ago Government needs to overhaul ‘unfair’ business rates, says Greene King boss

Nick Mackenzie, boss of the 1,500-strong pub firm, said reduced property tax payments were needed to drive investment and new jobs.

Politics

8 d. ago Martin Lewis gives 'simple' answer for pensioners fearing higher taxes next year

Money saving guru Martin Lewis has issued a warning over the state pension, and the tax consequences that could be faced by those receiving the payment next year

Economics