The UK tax agency concluded 14,223 probes into the levy which is paid on profits from asset sales in 2023-24, up from 4,564 ...

MoneyMagpie Editor and financial expert Vicky Parry explains the Trading Allowance and how that means you could earn £1000 ...

From April 2025, double-cab pick-ups will be reclassified as cars for tax purposes, leading to potentially tripled tax costs ...

The government said this week it wanted “to make it easier for Britons to make the very most of their entrepreneurial spirit” ...

HMRC is making it easier to declare income from selling on online marketplaces such as eBay with a new 'simplified' tax ...

The tax change, announced in the 2024 Autumn Budget from Labour Party government Chancellor Rachel Reeves in October, will ...

Latest HMRC data also shows retired baby boomers paying greater amount in income tax than working people under 30 ...

The new measure was announced as part of the government's "Plan for Change" and is expected to be in force by 2029 ...

There are a number of updates to the rules of the road that motorists should be aware of to avoid fines and increased costs.

To be eligible, parents must be at least 16-years-old, engaged in qualifying paid work, and not have an anticipated 'adjusted ...

HMRC noted that the threshold for the High Income Child Benefit Charge has risen to £60,000. This change allows more parents ...

Up to 300,000 people, including those with side hustles, will no longer need to file a Self-Assessment tax return ...