Experts are urging people to check if they are owed a tax refund, with HMRC no longer issuing automatic ones Many taxpayers are still unaware that overpayments are no longer automatically refunded, despite changes coming into place nearly two years ago. Experts warn this could lead to a rise in scammers targeting people, claiming to
Some people may be eligible for a discount of up to 100% if they meet certain criteria Some homeowners and tenants can get up to 100% taken off their council tax demands(Image: Getty) Council Tax in the UK is a mandatory local bill that people in most homes will have to pay. It is used
Under the current rules, you receive an immediate £100 fine if you submit your self-assessment tax return late – but with the new system, you will be charged £200 once you have received a certain number of points 14:50, 22 Jan 2026Updated 14:52, 22 Jan 2026 The self-assessment tax system is being updates(Image: Getty Images/iStockphoto)
John Fernandez Guernsey political reporter BBC Deputy Charles Parkinson has been a long-time campaigner to reform Guernsey’s corporate tax regime The man leading a review of how much tax Guernsey receives from businesses says islanders are to be asked their views on the introduction of a 10% or 15% rate of corporate tax. Deputy Charles
Most people saving into a pension don’t need to file a self-assessment tax return. However, there are some situations in which pension contributions or pension income may require you to complete one. Here, we set out five questions that both higher and basic-rate taxpayers who are saving into a pension need to ask before completing
Tax refunds could be bigger than usual for some taxpayers. getty Few things generate as much tax-season anxiety as a federal tax refund. Taxpayers worry when it’s smaller than expected, panic when it’s delayed, and cheer when it’s bigger—often without being entirely sure why. As the 2026 filing season gets underway (the IRS officially opens
People affected by the Chancellor’s tax changes announced in the Autumn Budget are pleading for relief offered to some to be extended The Chancellor’s Autumn Budget announced updates in business tax rates(Image: GETTY) The Chancellor’s Autumn Budget launched significant tax changes due to increase certain taxes as well as confirming the current 40% discount on
Have you paid too much tax? (Credits: Getty Images) Almost six million workers could be owed a refund by HMRC after overpaying tax, new research suggests. And it’s entirely your responsibility to apply for it. New figures obtained through a Freedom of Information request show 5.6 million Brits paid too much tax last year, totting
The FOI also showed that 3,303 tax returns were filed between 11.55pm and 11.59pm – just before the deadline – on January 31 2025. Sean McCann, chartered financial planner at NFU Mutual, the financial advice firm, shares five tax saving tips ahead of this year’s January 31 deadline to help those filing their tax returns.
More than 5.6 million people overpaid tax in the 2023-24 financial year – and part of the problem being on the incorrect tax code. Here we explain everything you need to know about the codes that determine how much money you pay to HMRC… A tax code is a series of numbers and letters used