The MSE founder is urging people to check as soon as possible, as “it could cost you £1,000s” Martin urged employees to check now (Image: BBC) Martin Lewis has issued an urgent ‘check now’ tax code alert to people working in the UK who are earning more than £12.570 a year, as he says “it
Let’s face it — tax season can be stressful. This is especially true for self-employed individuals and small business owners searching out every self-employed tax deduction and navigating other small business tax concerns. But there is a silver lining… business taxpayers are often entitled to extra self-employed and small business tax deductions. Some allowable expenses
You can currently claim tax relief for extra household costs associated with working from home, such as energy or broadband, if your place of work does not have an office for you to work in Young adult man working from home(Image: Getty) Millions of people who are forced to work from home will no longer
HMRC bosses also spoke to MPs about major changes to ISAs and pensions 11:57, 14 Jan 2026Updated 11:42, 15 Jan 2026 HMRC boss John-Paul Marks spoke about the work of his department(Image: Parliament TV) HMRC chiefs have spoken to MPs about major changes coming up affecting many taxpayers. Bosses from the tax authority appeared before
Claimants have been urged to check their details are correct State pensioners have been urged to check their tax details are correct(Image: Getty) State pensioners are being warned to double-check their records are accurate. If your details are not correct, you could get a unexpected tax bill from HMRC. Like numerous other DWP benefits, the
How could income tax decisions affect you?published at 14:19 GMT 13 January 14:19 GMT 13 January Angus CochraneBBC Scotland News Holyrood ministers have used their devolved powers to create a distinct system from the rest of the UK. Scotland has six tax bands, in contrast to England, Wales and Northern Ireland, where there are just
The UK Government recently confirmed the Personal Allowance will remain frozen at £12,570 until April 2030. Mansion tax and private jet levy to be introduced in Scotland Chancellor Rachel Reeves announced during the Autumn Budget that the Personal Allowance will remain frozen at £12,570 until April 2030. However, more than 6,800 people have signed a
HMRC bosses also spoke to MPs about major changes to ISAs and pensions HMRC boss John-Paul Marks spoke about the work of his department(Image: Parliament TV) HMRC chiefs have spoken to MPs about major changes coming up affecting many taxpayers. Bosses from the tax authority appeared before the Treasury Committee on January 13 to answer
Get started now The deadline is 31 January, but don’t put it off – try to set aside enough time over the next few days to complete your tax return for the tax year that ran from 6 April 2024 to 5 April 2025. If you leave it until the last minute and end up rushing to
Chancellor Rachel Reeves set out some key tax changes in the Autumn Budget Cerys McDonald from HMRC spoke about a looming tax change(Image: Parliament TV) HMRC has revealed crucial new information about a major shake-up to tax on the state pension. During the Autumn Budget, the Government pledged to ensure that people “whose sole income