The new tax year began on April 6 and will run until April 5, 2026 and in the lead-up, HMRC sent out emails to taxpayers to ...

Shadow Treasury Minister Gareth Davies has accused Chancellor Rachel Reeves of "overexposing" the UK to global trade turmoil ...

HMRC has announced that sole traders and landlords with an income over £50,000 will be required to use Making Tax Digital ...

A senior Goldman Sachs banker is leaving the UK after the government abolished the favourable tax rules for non-domiciled ...

Major retailers have welcomed the government's review of a rule that allows small parcels to enter the UK duty-free, saying ...

Rachel Reeves faces having to raise taxes at the autumn Budget after borrowing jumped in the UK hit by Donald Trump’s tariffs ...

The Chancellor has bowed to calls to act over a tax loophole amid warnings the UK risks becoming a dumping ground for cheap ...

The BR, D0, and D1 codes indicate that all income is taxed at basic, higher, or additional rates, respectively. The K code ...

One of the UK's largest high street banks has sent a message to its customers alerting them to a significant date in the ...

UK households are being handed "direct" payments from the Department for Work and Pensions ( DWP ) to help with the Cost of ...

John Chew, tax and estate planning specialist at Canada Life, said 1257L was the most commonly used tax code. He said: "This ...

With inheritance tax bills increasing, giving gifts to your loved ones during your lifetime is one of the simplest ways to reduce your inheritance tax bill. But you need to watch out because any gifts ...