Undeclared income from side hustles forms part of the hidden economy, HMRC said. It says it is committed to reducing the tax ...

Millions of people still have not filed their online self-assessment tax returns for which the deadline is midnight, meaning they could be fined £100, HMRC has warned. Over 3 million people who risk ...

HMRC has issued a warning to hundreds of thousands of households receiving letters in the post. As the financial year ends, HMRC sends letters to taxpayers if their tax payments don’t align ...

HMRC ramped up its warnings ahead of the 31 January deadline, but the number of taxpayers who filed late nearly doubled to ...

The letters are typically sent out between June and March and declare if you are due a refund or need to pay more tax ...

An estimated 1.1 million people missed the deadline for filing their annual tax returns, according to HM Revenue and Customs ...

This year's deadline is for the 2023-24 tax year, and HMRC warns that if you miss it, you could face an initial late filing ...

From tomorrow, a £100 penalty automatically applies and repayment interest rates will start being added onto the outstanding ...

From January 2025, with HMRC is cracking down on non-payment of tax for side hustles, with online marketplaces including Vinted, eBay, Etsy and Air BnB are legally obliged to share sales data for ...

HUNDREDS of thousands of savers are set to be hit with a surprise tax bill this spring as HM Revenue & Customs (HMRC) is ...

It is used as an alternative to self assessment, where you would need to fill in a tax return, if HMRC cannot collect the tax ...

More than 11.5 million taxpayers filed their self-assessment tax returns on time, but an estimated 1.1 million people missed ...