66 results for "HMRC"

Britons could get a lot of money back if they check whether the government owes them refunds. Many workers may have paid too much tax and could get a refund...

Recently, a major problem came to light. More than 577,000 parents in the UK experienced financial problems. Because of an error, they failed to receive their usual child benefit from...

Nearly 4.5 individuals are being warned they could face a one-month deadline to submit their tax payments. Self-employed workers have only a few weeks to get their taxes in order....

In the coming weeks, many people will receive a brown envelope from HMRC, informing them of thousands of dollars owed. HMRC to Rectify State Pension Underpayments Affecting Women HM Revenue...

A notable mistake made by HMRC has led to the notification of individuals, women regarding owed funds resulting from inaccuracies, in state pension calculations. Who Is Impacted by the State...

HMRC will provide a £500 boost to help struggling parents meet the costs of summer childcare throughout the school holidays. Understanding HMRC's Tax-Free Childcare: Benefits, Eligibility, and Application Details Tax-Free...

HMRC is fining households throughout the UK up to £360 for failing to meet their self-assessment tax deadline. Every year, millions of people who are self-employed, own businesses, or just...

Following two National Insurance cuts earlier this year— one in February and another in April— totaling an average of £900 altogether, Rishi Sunak has committed to providing an additional average...

HMRC failed to make scheduled Child Benefit payments, causing hundreds of thousands of parents across the nation to face significant hardship. Some complained about not having enough money to feed...

HMRC is sending letters to more than a million parents to remind them that they must renew their claim for child benefit or risk losing their payments. A £2,212 Warning...

People receiving state benefits may receive their payments earlier than usual due to next week's bank holiday. Department for Work and Pensions (DWP) said that all Jobcentre Plus offices and...

A report by the UK's spending watchdog, the National Audit Office, has revealed that taxpayers have spent the equivalent of 800 years on hold with HM Revenue and Customs (HMRC)...

Keeping an eye on your doorstep this week can be a good idea since His Majesty's Revenue and Customs (HMRC) is sending out 'brown envelopes' that you must open and could result...

The British citizens who are qualified for tax relief under HMRC's new travel rules have been identified. Andy Wood, a tax expert, outlines the difficulties of tax relief for travel expenses...

Following the passage of a key deadline, HMRC has begun issuing £10 daily fines to anyone who have yet to complete their self-assessment tax return. HMRC Imposes Daily Fines for...

Amidst the renewal season for tax credits, HMRC has issued a crucial warning to 730,000 claimants. Those receiving Working Tax Credit and or Child Tax Credit will start receiving renewal...

British workers are set to benefit from a major financial break from HM Revenue and Customs (HMRC). As part of the Government's Spring Budget, HMRC is set to launch a...

The Department for Work and Pensions (DWP) and HM Revenue & Customs (HMRC) are rolling out a long-awaited online service to simplify the process of topping up National Insurance Contributions...

The British population is currently grappling with a plethora of tax obligations, to an extent that event HMRC finds it hard to keep up. With allowances frozen or slashed, taxpayers...

HM Revenue and Customs (HMRC) recently issued an important reminder to eligible households not to overlook the possibility of claiming up to £1,331 a year in child benefit for newborn...

Changes to the payment schedules for various benefits facilitated by the Department for Work and Pensions (DWP) and HM Revenue and Customs (HMRC) have been announced due to the May...

Recent statistics suggest that many pensioners may have been overtaxed on their pension withdrawals. Claimants are being encouraged to check whether they are entitled to a tax refund from HM...

Following an incorrect amount of tax being charged on pension income, HMRC has refunded more than £42 million in pension tax overpayment refunds in the first quarter of 2024. HMRC...

According to tax specialists, HMRC is purportedly targeting around two million married couples in a new tax crackdown, and many are unaware of the approaching threat.  HMRC Targets Two Million...

Brits are being urged to check their payslips as HM Revenue & Customs (HMRC) collect an estimated £5.8 billion in overpaid tax. This enormous error is mainly due to incorrect...

Millions of British citizens are going to notice changes to the dates on which they receive benefits such as the state pension, PIP, child benefit and other allowances as a...

The British Treasury has recently made a key announcement that will bring relief to many people, particularly women aged between 60 and 70. HM Revenue and Customs (HMRC) started reaching...

HM Revenue and Customs (HMRC) has recently issued a statement urging people born between 1 September 2002 and 2 January 2011 to check for unclaimed assets in dormant accounts. This...

HMRC is encouraging individuals born between two specific dates to check if they qualify for up to £2,000 in free money through the Child Trust Fund (CTF). The government has...

In the UK, the growth of crypto as a major asset class has led HM Revenue and Customs (HMRC) to establish clear guidelines for the taxation of these digital assets....

Understanding the changes to Child Benefit and the High Income Threshold is critical for financial planning for a family living in the United Kingdom. HMRC announced on its website that...

As school holidays approach, HMRC is urging working parents to check if they qualify for Tax-free childcare benefits. Families Urged to Sign Up for Tax-Free Childcare Before Easter Break With...

July will be a month of major changes in your pocket, with Ofgem lowering its price cap as well as new rules by some of the biggest high street banks....

Britons who have reached state pension age and are experiencing vision problems are being urged to determine if they qualify for up to £101.75 a week through Attendance Allowance. This...

If the Conservatives win the General Election on July 4, they have promised to reform the benefits system and put an end to soaring welfare bills. The Tory manifesto states...

The Department for Work and Pensions (DWP) has issued an update on the status of the State Pension Underpayments Legal Entitlements and Administrative Practice (LEAP) initiative. State Pension Underpayment: Progress...

The Conservative Party has announced plans to ease the burden of child benefit tax for 700,000 families from April 2026. The party has proposed doubling the threshold for the High...

According to the most recent Department for Work and Pensions (DWP) estimates, the State Pension provides vital financial support to approximately 12.7 million people in the United Kingdom, including more...

The Department for Work and Pensions (DWP) has released a report on its plans to keep an eye on people's bank accounts. The UK's 15 largest banks are expected to...

The Department for Work and Pensions (DWP) has released a "checklist" for persons transitioning from PIP to Adult Disability Payment in the midst of a disability benefit crackdown. DWP Issues Transition...

Experts are warning taxpayers not to risk losing their hard-earned money to the "most unfair tax in Britain". The controversial levy  is no other than the inheritance tax (IHT), which is levied...

Scottish parents of children under the age of 16 are now set to receive £106.80 every month through the Scottish Child Payment. The weekly payment of £26.70, which is only...

This June is set to bring an avalanche of financial updates that could affect your personal finances. From new cost of living payments to Universal Credit updates, here's a look...

The Department for Work and Pensions (DWP) has recently published an update on the matter of compensation for millions of WASPI women affected by the change in State Pension age....

New rules have been introduced for Universal Credit claimants, one of the most popular benefits in the UK with over 6 Million claimants. Universal Credit can be claimed from the...

There is one simple but profoundly impactful step in personal finance that many people ignore. Called by Martin Lewis "the most lucrative thing" for over-40s and under-73s, this financial strategy...

The Department for Work and Pensions (DWP) has issued an update on the status of the State Pension Underpayments Legal Entitlements and Administrative Practice (LEAP) initiative. State Pension Underpayment Update:...

The Department for Work and Pensions (DWP) announced changes to May's benefit payment date due to the upcoming bank holiday. Millions of beneficiaries throughout the UK will receive their scheduled...

To strengthen its campaign against benefit fraud, the UK government announced on Monday 13 May ambitious changes, promising to extend the investigative powers of the Department for Work and Pensions...

Wealthy pension savers are being cautioned that a new “catch in the small print” of lifetime allowance legislation might put them at danger of paying excessively tax on pension withdrawals....