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Tag: HMRC

Income tax shock as 650,000 more state pensioners face HMRC bill from April

Posted: January 19, 2024 at 9:22 am   /   Business

Pensioners are more likely to vote for the Conservative Party than any other age group. The latest Tory tax attack could change their minds. Daily Express :: Finance Feed

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HMRC responds to stamp duty fears after claim households are owed £27,000

Posted: December 16, 2023 at 9:23 pm   /   Business

Households could be due thousands of pounds from HMRC due to issues relating to stamp duty. Daily Express :: Finance Feed

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Selling clothes for cash online? HMRC has new powers to tax you from January

Posted: December 5, 2023 at 9:22 pm   /   Business

Millions of people sell secondhand clothes on digital platforms to raise bit of cash or have a good old declutter. Be warned, the taxman is watching. Daily Express :: Finance Feed

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Jeremy Hunt may shelve inheritance tax changes as HMRC rakes in receipts

Posted: November 21, 2023 at 9:22 pm   /   Business

Inheritance tax receipts for the past seven months were £4.6billion, up by £0.5billion compared to last year. Daily Express :: Finance Feed

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Slash your inheritance tax bills for Christmas – give to your family, not HMRC

Posted: November 6, 2023 at 9:22 pm   /   Business

Planning Christmas early always makes sense but this is particularly true for families who want to reduce inheritance bills by making tax-efficient gifts to children and grandchildren. Daily Express :: Finance Feed

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‘Don’t bin it!’ Martin Lewis issues ‘crucial’ warning as HMRC sends letters worth £1,000s

Posted: November 2, 2023 at 10:22 pm   /   Business

HMRC is sending letters to hundreds and thousands of pensioners who may be entitled to thousands. Daily Express :: Finance Feed

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HMRC forces pensioners to pay £3,252 in income tax they don’t even owe

Posted: October 30, 2023 at 10:22 am   /   Business

Hard-pressed savers are being forced to pay record amounts of tax on pension withdrawals to HMRC, even though they do not actually owe the money. Daily Express :: Finance Feed

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Thousands of families face paying DOUBLE inheritance tax as HMRC cracks down

Posted: August 30, 2023 at 10:22 am   /   Business

Having to pay a large inheritance tax bill is a pain but getting your sums wrong can hurt even more as HM Revenue & Customs slaps hefty penalties on those who make mistakes. Daily Express :: Finance Feed

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Child Benefit warning as deadline to claim £1,248 from HMRC just days away

Posted: August 22, 2023 at 10:22 pm   /   Business

Parents have one week after GCSE results day to inform HMRC if their child is continuing education in order to keep receiving Child Benefit payments. Daily Express :: Finance Feed

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Capital gains tax bills ‘set to explode’ – plan now or fall into HMRC trap

Posted: August 13, 2023 at 10:22 am   /   Business

Capital gains tax is sometimes called the forgotten tax but it is getting harder to ignore as taxpayers hand over ever larger sums to HM Revenue & Customs. More and more of us will get caught. Daily Express :: Finance Feed

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