Income tax

Deputy Prime Minister Nick Clegg is to urge the coalition today to "go further and faster" in implementing an increase in the income tax threshold.

An industrial dispute between Her Majesty's Revenue and Customs (HMRC) staff and their employers will create chaos on the day of the tax return deadline, experts have warned.

Letters sent out by Her Majesty's Revenue and Customs (HMRC) informing people they have paid too little tax could be based on inaccurate figures, an accountancy firm has warned.

HMRC staff are set to go on strike on 31 January, the self assessment filing deadline day.

Individuals have until the end of January to file their tax returns for the year ended 5 April 2011. Baker Tilly outlines five tips to avoid unnecessary penalties or charges...

The Treasury will not axe tax relief on compensation for certain previous pension mis-selling cases as previously planned.

The government has moved a step closer to implementing a general anti-avoidance rule (GAAR) to the tax system after a report recommended the move today.

January to March is the traditional EIS and VCT fundraising ‘season'. Matthew Brow, partner at RAM Capital Partners which markets the investments, gives a rundown of the New Year benefits on offer.

The government is set to create working groups to begin reforming the income tax and national insurance contribution (NIC) systems.

Her Majesty's Revenue & Customs (HMRC) is considering setting up online accounts for individual PAYE taxpayers and introducing annual tax statements as part of efforts to make the UK tax system easier to understand.