im a struggling single mum and hmrc is chasing me for 5k i dont owe 62631b60acea1

‘I’m a struggling single mum and HMRC is chasing me for £5k I don’t owe’

Has a company treated you unfairly? Our Consumer Champion is available to help. For how to contact her click here.   Dear Katie,  I’m a single mother of two…

attacks on rishi sunaks wife are based on ignorance she is fully entitled to non dom tax breaks 625f26db550b4

Attacks on Rishi Sunak’s wife are based on ignorance – she is fully entitled to non-dom tax breaks

When you enter political life you become a target for criticism. In particular, no one becomes chancellor expecting to be popular. Rishi Sunak has acknowledged that.  After…

how to avoid inheritance tax and save your family 140k 6250a6c54dbc8

How to avoid inheritance tax and save your family £140k

Bereaved families face paying up to £140,000 in avoidable inheritance tax due to bewilderment over the death duty’s “most confusing” rule.  Since 2018 homeowners have benefited from…

rishi sunak is raising taxes without you realising but he will come unstuck 624cb1d64426e

Rishi Sunak is raising taxes without you realising – but he will come unstuck

There is something insidious about taxing by stealth. Gordon Brown was frequently accused of raising taxes by freezing personal allowances, in preference to increasing the headline tax…

double tax charges if you buy goods from europe 624b6064aef0f

Double tax charges if you buy goods from Europe

Online shoppers are being overcharged, often paying double tax on goods they buy from Europe, as a growing number of people have been caught out by complex…

taxman has no plan to recover 39bn of covid debt say mps 623fbba1de90c

Taxman has no plan to recover £39bn of Covid debt, say MPs

HMRC has been accused of lacking a “clear plan” to claw back £39bn in unpaid taxes after the debt mountain grew considerably during the pandemic. MPs on…

hmrc unfairly raises interest rates for two million

HMRC ‘unfairly’ raises interest rates for two million taxpayers

Sarah Coles of the stockbroker Hargreaves Lansdown said the move was unfair and meant HMRC would make more money from those struggling to pay their bills while…

five ways rishi sunak could save britain from high tax hell 623a3cd163206

Five ways Rishi Sunak could save Britain from high tax hell

It seems extraordinary that just one year ago the Budget forecast inflation of 1.8pc for 2022. Fast forward to today, with Britain in the midst of a…

five ways to cut your tax bill before april 6 6231026c05b46

Five ways to cut your tax bill before April 6

However, it is here whether we like it or not and we need to plan accordingly. If you are due a bonus and have scope to be…

10 hidden taxes youre paying without realising from energy bills to chocolate bars 621ddf91b4599

10 hidden taxes you’re paying without realising, from energy bills to chocolate bars

In a post-Covid world, air passenger duty will raise almost £4bn a year in tax. This is equivalent to about £150 a year to our “average” household….

hmrc demands money from taxpayers who dont owe anything 621bea69c45f8

HMRC demands money from taxpayers who don’t owe anything

Workers have been forced to wait for months for tax rebates normally completed within weeks because of severe delays at HM Revenue & Customs. Despite taxpayers facing…

taxman spends hundreds of thousands replacing lost laptops 6216a4741952d

Taxman spends hundreds of thousands replacing lost laptops

Tax office staff have lost hundreds of thousands of pounds of taxpayer-funded technology, with hundreds of laptops, phones and computer tablets going missing due to working from…

new taxes rake in 50bn for hmrc ahead of national insurance rise 62143a087fa3e

New taxes rake in £50bn for HMRC ahead of National Insurance rise

The bank levy is the biggest contributor among the previously introduced taxes, according to Thomson Reuters, snaffling almost £25bn from lenders since it was introduced in 2011…

freelancers hit by unfair taxman interest charges 6212afe3ce391

Freelancers hit by ‘unfair’ taxman interest charges

The tax man has been accused of “stacking the deck in its favour” after it raised interest charges on owed taxes but not on refunds. Incomes for…

monaco based matalan founder loses fight with taxman over 135m tax bill 621196ce85e87

Monaco-based Matalan founder loses fight with taxman over ‘£135m’ tax bill

Matalan founder John Hargreaves has lost a long-running dispute with HMRC over his bid to avoid a tax bill of up to £135m. The retail entrepreneur has…

adrian chiles spared 500000 tax bill after winning hmrc court battle 620ebbb822920

Adrian Chiles spared £500,000 tax bill after winning HMRC court battle

TV presenter Adrian Chiles has been spared hundreds of thousands of pounds in disputed taxes, after winning a seven-year battle with HM Revenue and Customs.  HMRC claimed…

three quick ways to get the most from your isa 620c18696fba8

Three quick ways to get the most from your Isa

Since Isas were introduced in 1999 they have proved a great success, with around 20 million adults currently holding an account. Their combined holdings are worth about…

national insurance rises are only the start even more tax meddling is on the horizon 61f9a359eb23a

National Insurance rises are only the start – even more tax meddling is on the horizon

3) Be aware of penalties  There are separate penalties for late submission of a VAT return and for late payment. Both operate on a points based system….

freelancers charged higher tax rates after taking covid grants 61f1ba62aa71c

Freelancers charged higher tax rates after taking Covid grants

Freelancers who claimed Covid-support grants have been dragged into paying 40pc higher-rate tax because of a quirk in how they file accounts.  Self-employed workers face paying double…

seven common tax return mistakes and how to avoid them 61e72e5cec634

Seven common tax return mistakes and how to avoid them

5) Remember parental benefit is not child’s play   I sometimes wonder who dreamt up the child benefit rules and in particular the “High Income Child Benefit…

hmrc systems quirk forces self employed workers to overpay 4000 in

HMRC systems quirk forces self-employed workers to overpay £4,000 in tax

Millions of freelancers who received support grants during the pandemic face paying thousands of pounds more in income tax this year because HM Revenue & Customs’ automatic…

parents face child benefit crackdown in stealth tax on the middle class 61df45997dda8

Parents face child benefit crackdown in ‘stealth tax’ on the middle class

More than a million parents face being caught in a child benefit crackdown with the tax authority expected to step up its punishment of higher earners. Families…

young savers throw away 34m in isa bonuses 61ddf3d6ec6ce

Young savers throw away £34m in Isa bonuses

Young savers have returned £34m in Isa bonuses which were supposed to help fund the cost of buying their first home. Would-be first-time buyers handed back record…

food importers face more pain from brexit charges 61dcb14ac2761

Food importers face more pain from Brexit charges

Importers are set to face hundreds of pounds of extra charges when the next wave of post-Brexit checks affecting food products are introduced this summer, port bosses…

hmrc extends tax return deadline by 30 days as half of workers yet to file 61d75c5148702

HMRC extends tax return deadline by 30 days as half of workers yet to file

HM Revenue & Customs will waive fines for late tax returns this year, with almost half of self-assessment taxpayers yet to hand in their paperwork ahead of…