HMRC could force self-employed workers and landlords to pay tax monthly on income they have not yet earned. Under plans being consulted on by the Government, tax could be deducted each month, with the amount owed based on the previous year’s tax return. The rules would apply to those earning income over an as-yet-undecided threshold.
The defaulters – spanning Greenwich, Woolwich, Orpington, Catford and Plumstead -appear on HMRC’s latest published list of deliberate tax defaulters, which names those who have received penalties for significant tax failures. Together, the six owe a combined total of more than £1.26 million in unpaid tax, with penalties of over £575,000 levied on top. Greenwich
Payment rates for the state pension increase each April Key changes to the state pension are coming in(Image: Getty) New tax rules soon to take effect for the state pension could cause “unfairness” between how different claimants are treated. Other changes to the qualifying rules for the DWP benefit are already underway. As the triple
There are some key dates you need to get right HMRC has clarified its rules(Image: Getty) HMRC has spoken out to dispel some customer confusion about a tax charge that certain DWP claimants are required to pay. The tax collecting body spoke out after a customer reached out for help with calculating their bill. The
Informants were rewarded £1.4m after submitting a record number of tip-offs to the taxman, figures revealed. The number of individuals reporting friends, neighbours, colleagues and businesses for not paying enough tax increased to 170,992 in the 2025-26 tax year, according to government data. The rise comes after Labour incentivised snitching with a strengthened reward scheme
The jump in settled investigations comes as Andy Burnham, expected to be the next prime minister, considers ways to raise taxes. Members of his top team have called for capital gains rates to be brought in line with income tax, which would hit thousands of investors with significantly higher bills. Mr Caddock said that he
Businesses are waiting up to eight years for HMRC to complete their tax investigations, MPs have warned. The public accounts committee (PAC) has said cases are dragging on for too long, with investigations involving a court dispute now taking nearly twice as long as in 2019. The PAC urged HMRC to set out plans to
Firms now fear that Mr Burnham, who is widely expected to become prime minister this month, will unleash further tax increases on businesses. David Owen, at S&P Global, said: “Survey responses signal that a triple squeeze from rising labour costs, worries about government taxation and weak consumer demand have made services firms more hesitant to
Prominent economists including Jim O’Neill, an ally of Andy Burnham, are urging the MP for Makerfield to pursue radical tax and spending reform to “unlock the gridlock that plagues the country” when he is confirmed as prime minister. O’Neill joins Jonathan Portes, an economics professor at King’s College London, and Danny Sriskandarajah, the chief executive
I spend a lot of time on tech forums. One type of post keeps showing up: I filed my income tax return using an AI chatbot. Some read like victory laps. Others are cautionary tales. Having spent over a decade building tax technology, I read every single one of them carefully. Together, they show where