You must act by July 31 ...

HMRC’s 7.75% late payment interest rate is now over double the bank’s 3.75% base rate, increasing costs for taxpayers.

Millions of self-employed people are starting to receive recognisable brown envelopes from HMRC on their doormats as reminders begin to arrive about payments on account. Much of the focus on ...

Add Yahoo as a preferred source to see more of our stories on Google. Rachel Reeves approved plans to reintroduce the ‘direct recovery powers’ in her Spring Statement - Isabel Infantes/Reuters Tax ...

HMRC has warned Self Assessment customers that they have days until the first 'payments on account' deadline this tax year, ...

Powers given to HMRC to take money directly from bank accounts has already saved the government £13m, the tax authority has claimed, due to the "deterrent effect" of the measure. The controversial ...

A HMRC deadline is weeks away - with experts warning many could be "caught out". HMRC is reminding millions of Self Assessment taxpayers to prepare for the 2025 to 2026 tax year second payments on ...

The UK tax authority, HMRC, has officially reinstated a legal mechanism allowing it to withdraw money directly from personal bank accounts in cases of unpaid tax bills. This administrative power, ...

HMRC could soon be allowed to recover unpaid tax directly from bank accounts over debts as small as 1p under new Government proposals. The plans would also remove a rule requiring officials to leave ...

HMRC has provided an update about payments into customer bank accounts. There are some key timelines worth knowing about these payments. The matter came to light after a question from a taxpayer about ...