In a move to give taxpayers some respite from the cost of living crisis, Chancellor Rishi Sunak announced plans to raise the national insurance threshold by £2,690
As national insurance rates rise, salary sacrifice and optional remuneration arrangements provide some valuable tax breaks, explains Kate Upcraft, director, Kate Upcraft Consultancy Ltd
The revenue raised from VAT has hit its fifth highest consecutive month collecting over £50bn more than the previous year while the take for April 2021 to February 2022 was £61.3bn higher
Tax rises are the new normal says the IFS with its research showing that over two years, the government introduced the same level of tax hikes as Tony Blair's Labour did across 10 years
HMRC is warning self assessment taxpayers to be on their guard following the tax return deadline after more than 570,000 scams were reported to HMRC in the last year
There are now less than two months until the end of the tax year, so Laura Suter, head of personal finance at AJ Bell, gives her guide to what people need to consider before the 5 April deadline
HMRC has emailed employers ‘strongly encouraging’ them to label the increased National Insurance contributions (NICs) rate on their employee’s payslips as ‘for the NHS’
The quality of HMRC communication with taxpayers about the overly complex high-income child benefit charge (HICBC) has hardly improved in the last three years
HMRC is reminding about 7,500 tax credits, child benefit and guardian’s allowance customers they have just one month left to switch their Post Office card account
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