HM Revenue and Customs (HMRC) is sending reminder letter to parents of teenagers aged between 16 and 19-years-old between now ...

Thousands of businesses in Hampshire could potentially face financial penalties for underpaying staff. The latest government list identifies 518 UK businesses, including high-profile names, that have ...

Apart from the several activities an accountant does, one key thing is to always keep an eye out for ways to reduce their ...

Since the return of the tiered Corporation Tax (CT) plan by the HMRC in April 2023, there has been a resurgence in the concept of Marginal Relief.

Seventeen thousand cigarettes were amongst illegal items seized from Dorset shops. A two-day enforcement operation has taken place in Dorset in the fight against the illegal sale of tobacco and vapes.

While many believe that giving money to family or friends is tax-free, the rules are more complex than they appear. According to HMRC, only certain types of gifts are immediately exempt from IHT. And ...

The retailer says it’s a sandwich — but one taxman thinks it might actually be a pudding. The difference? A substantial VAT bill ...

Marks & Spencer is causing a stir with its Wimbledon inspired Red Diamond Strawberry and Creme Sandwich, not least for tax inspectors at HMRC ...

The Treasury Committee has highlighted confusion around the Lifetime ISA withdrawal charge, which risks consumers losing “a ...

Over seven million households across the UK can expect to receive a letter from HMRC, as frozen tax thresholds are set to impact individuals nationwide. According to official figures, the number of ...

UK households are being warned by HMRC to tread carefully when gifting money to loved ones – or risk leaving their estates facing unexpected inheritance tax (IHT) bills. While many people believe that ...

A whopping seven million UK households are bracing themselves for a letter from HMRC as frozen tax thresholds loom large, threatening to hit Brits nationwide. The tally of higher-rate taxpayers in the ...