Tax
Two out of five charity donors 'forget Gift Aid'
Around two out of five people who give to charity forget to claim Gift Aid on their donations potentially depriving good causes of a 28% boost on money raised, new research from Virgin Money Giving shows.
October tax deadline just days away
Anyone sending in their 2009/10 Self Assessment return on paper has just a few days left to file their return by the 31 October paper-filing deadline.
Tax experts issue updated guide to underpaid tax letters
The Low Incomes Tax Reform Group (LITRG) have updated and reissued their guide on what people should do if they receive a tax calculation letter (form P800) from HM Revenue and Customs.
Savers still handing an unnecessary gift to the tax man
New research conducted on behalf of Fidelity Investment Managers shows that while nine out of ten people are saving, most are not maximising their returns or taking advantage of the tax breaks open to them.
Give to your children not the taxman
Alliance Trust Savings, one of the country's leading SIPP providers, has shown that individuals can reduce their inheritance tax liability while at the same time provide for the financial future of their children or grandchildren.
October deadline looming for tax returns
HM Revenue & Customs (HMRC) has issued an alert to anyone filing their Self Assessment tax return on paper - get it in by 31 October, or you could face a £100 penalty.
No council tax revaluation tax rises pledge ministers
Local taxpayers have been reassured that there will be no unexpected wave of council tax revaluation hikes in the next five years.
Half of Brits say no to paying back the taxman
Following the announcement last week that HMRC had miscalculated workers' tax bills over the past two years, moneysupermarket.com has found Brits are unwilling to repay the tax error money.
Inheritance Tax: Planning and advice
According to the annual Tax Action report, UK taxpayers will waste nearly £2bn this year due to poor inheritance tax planning. Liability to IHT can often be avoided, or at least substantially reduced, with early IHT planning.
Consumers urged to take capital gains tax action now
UK taxpayers are expected to waste a shocking £552 million in unnecessary capital gains tax (CGT) payments this year, according to research by unbiased.co.uk.
PAYE calculations - don't overdo the hype
Low Incomes Tax Reform Group (LITRG) is all for bringing HMRC to account when it has let down the low income population; but we are also clear that we want good and accurate information to be provided to those same people.
Too taxing to take in
Following the news that over a million taxpayers were overcharged last year by HM Revenue and Customs, which collected £238m too much tax, HSBC research reveals widespread ignorance and apathy about income tax among UK taxpayers.
NICs holiday scheme for new businesses launched
A new National Insurance contributions (NICs) holiday scheme to encourage new business start-ups in key UK regions was launched today.
ISA savers urged to use tax free allowance
Over 2.6 million UK savers who have previously taken advantage of the tax free status on cash ISAs could be missing out on £362 million pounds this year alone by not taking advantage of the new £5,100 cash ISA allowance available.
HMRC issues phone call scam warning
HM Revenue & Customs (HMRC) is warning taxpayers to be vigilant following reports that thieves are making phone calls pretending to be the taxman.