Do you need to do a tax return for your savings?

A portion of your returns is shielded from tax thanks to the personal savings allowance (PSA). The PSA currently stands at £1 ...
The Accountant on MSN

UK HMRC outlines standards for generative AI use in tax software

The guidance stresses that software systems must remain subject to human control.

8 tips for landlords filing their self-assessment tax return

This covers all income earned through rental properties, including furnished holiday lets such as AirBnB, and any income ...
Professional Beauty

Have You Submitted Your Self Assessment Tax Return?

Here's what self-employed workers in the UK need to know about submitting their Self Assessment tax return before the January ...

850,000 Brits face being hit with extra charges under HMRC tax shake-up from April as deadline looms in days

HUNDREDS of thousands of workers could be hit with extra charges under an HMRC shake-up from April. Self-employed workers and ...
Econostrum on MSN

New HMRC move ends traditional tax returns for millions starting this year

The UK’s tax system is undergoing its most significant transformation in more than 30 years, as HM Revenue and Customs (HMRC) begins rolling out a new scheme for how individuals and businesses report ...

This little known HMRC Self Assessment tick box could get you a £2000 tax rebate

"Anyone saving into a personal pension or other ‘relief at source’ scheme can get higher rate relief – but only if they claim it," says former pensions minister ...