I am hoping you can assist me. My wife and I are trying to complete our self-assessment tax returns for the year ending April 5 2025. I sold some shares, specifically Aberdeen Group plc (previously ...

ITAT Hyderabad held that penalty under section 221(1) of the Income Tax Act duly leviable for non-payment of self-assessment ...

HM Revenue and Customs (HMRC) is sending out over 200,000 letters to people who will be impacted by changes to the tax system ...

People are being urged to act ahead of a crucial tax return deadline this week to avoid being fined by HM Revenue and Customs ...

Yorkshire BS has not deducted any tax from my savings interest payments. It says it is now my responsibility to contact the ...

People who file a paper Self Assessment tax return will need to include the payment amount in their 2025/2026 tax return, ...

An expert have warned this means some people may end up paying the full amount without realising they have already paid some, ...

Don't delay: The paper deadline is earlier than the digital one, and postal delays could affect submission. HMRC must receive your return by October 31, so post it well in advance.

For someone who owes around £600, HMRC will usually let you choose how to pay, either settle it in one go or have it collected gradually through your tax code, meaning roughly £50 a month deducted ...

Sole traders will be required to use Making Tax Digital (MTD) for Income Tax in the biggest shake-up to the self-assessment ...

WITH the Chancellor’s Budget looming, families are bracing for a squeeze. Rachel Reeves has repeatedly refused to rule out an ...

The increase in adjusted gross margin was related to a rise in average selling price and a decrease in software amortization ...