Total tax and National Insurance of £938.8bn was collected by HMRC for the year to March 2026, which is £80.2bn higher than the same period last year, according to departmental statistics.
This...
HMRC has highlighted a scheme being promoted to landlords as a way to structure their property businesses and reduce their tax bills.
The arrangement is typically set up in the following way.
A...
The rate of the electricity generator levy (EGL) is to increase from 45% to 55%, the exchequer secretary to the Treasury Dan Tomlinson has confirmed. It will also be extended past its scheduled...
HMRC will contact thousands of 21-year-olds whose child trust funds (CTFs) remain unclaimed in a bid to reunite them with their accounts, worth £2,200 on average.
Introduced by a Labour...
HMRC’s overlap relief online service ‘Get your overlap relief figure’ will close from 1 June 2026.
This is because it was relevant only to the 2023-24 tax year and is now needed in very few cases....