Millions more people are paying income tax than in 2010 as 4.5m taxpayers are caught by rising taxes and frozen thresholds with majority hit by 40% rate
In this week’s Q&A, Croner-i tax advice consultant Kyra Jacobs, explains the best approach when dealing with an interest in possession trust and inheritance tax issues
More than double the number of taxpayers have failed to file their self assessment tax return on time this year, despite 11.5m filers managing to remember tax d-day
Employees will benefit from a 2% reduction in employees’ National Insurance in payslips this month, the first respite for taxpayers since thresholds were frozen in 2021
HMRC plans to stop tax agents and accountants from using the agent dedicated line for queries about self assessment and PAYE, and for progress chases on repayments and refunds
Taxpayers are taking more cases to tribunal to dispute the high income child benefit charge, costing time, money, and stress, in the fight against a ‘broken’ system
Menu toggle
