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Personal tax

Tax return mistakes get new penalty system

HM Revenue and Customs (HMRC) has reminded taxpayers that a new penalty regime for tax errors is due to come into effect soon.

Late tax payments see interest rate cut

Taxpayers who are late in meeting their tax bills are to be charged a lower rate of interest on unpaid liabilities.

Ten years of 'harm' caused by IR35 tax, says group

The tenth anniversary of IR35 tax rules has been marked by a call to abolish the legislation.

Taxpayers urged to prepare for new compliance rules

Taxpayers and businesses need to be aware that a new regime on how tax compliance checks are carried out will soon be in force, HM Revenue and Customs (HMRC) has warned.

Bonus rates fall again for employee share schemes

The Treasury has announced another reduction in the bonus rates for the Save As You Earn (SAYE) sharesave scheme.

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