AJ Bell has reported  that HMRC is to hike late payment interest to 8.5% from 6 April 2025, with the gap between what it ...

A tax return may be inaccurate or incomplete for various reasons, and can result in it being rejected by the IRS.

Filing taxes late can feel stressful, even if you plan to ask for an extension. The deadline to request a tax filing ...

As the tax deadline approaches, many find themselves scrambling to gather documents and complete their returns. Fortunately, ...

British tax authorities impose ‘late filer’ fines on self-employed people who left UK after 2013 without formally letting ...

ALERT, WE ARE JUST OVER TWO WEEKS AWAY FROM THE FILING DEADLINE. SO WE BROUGHT IN THE BIG DOGS TO GIVE US THE INFORMATION. ANTHONY KING FROM KING, KING AND ASSOCIATES JOINING US TO ANSWER SOME OF ...

Taxpayers who use the self-assessment system will see their interest on late payments nearly double to 8.5% from 6 April as HMRC clamps down on overdue tax.

HMRC, the Labour government's tax arm, has hiked the late interest charge to an eye-watering 8.5 per cent - as a new Freedom ...

Taxpayers face higher fines for not paying VAT and income tax self assessment (Itsa) on time under new rules announced as part of Chancellor Rachel Reeves’ spring statement earlier this week.

The Income Tax Department is sending notices to salaried taxpayers who claimed House Rent Allowance (HRA) but did not deduct tax at source (TDS) on rent payments in past financial years.

If you don't pay your taxes, interest and penalties accrue immediately and continue until the balance is paid in full. If you go long enough without paying, the IRS can garnish your wages, place a ...