Tax

Tax can be taxing: what to do if you receive a repayment letter

If you are one of more than a million people in line for a bill from HMRC this weekend, it pays to check the calculations, says Neasa MacErlean

Inside Tax

Government rules out Council Tax revaluation

Friday, 24 September 2010

Labour deny Coalition claims they were planning to revalue tax bands, unchanged in England since 1991.

Black economy leaves £42bn hole in Britain's tax accounts

Friday, 17 September 2010

The Treasury missed out on £42bn last year because of tax fraud, avoidance and underpayment – money that would have prevented many public services being slashed in next month's spending squeeze.

Hope for 900,000 as ministers opt not to chase £160m in lost taxes

Thursday, 16 September 2010

Almost one million people have been granted a tax break of up to £300 as a result of the PAYE debacle, tax officials disclosed yesterday.

Offering a spare room to a lodger can be relatively straight forward and cost effective

Tax breaks could be hiding in your spare room

Sunday, 12 September 2010

Chiara Cavaglieri: You don't need a full-time lodger to take advantage of tax-efficient schemes

Royal mint: The Queen began paying tax on her income for the first time in 1992

The Timeline: Taxation

Friday, 10 September 2010

900,000 have tax demands written off

Thursday, 9 September 2010

It is thought that 2.3 million people have underpaid income tax during the past two tax years due to errors in their PAYE codes.

Keith Watkins, 70, a retired former draughtsman and factory worker, receives four separate pensions, three private and one OAP, totalling around £13,000 a year

Is our tax system fit for purpose?

Wednesday, 8 September 2010

Martin Hickman: Tax officials last night admitted mistakes could be found in the returns of millions more people on top of the 5.5 million they have already identified as having paid the wrong amount of tax

Taxpayers await letters after PAYE blunder

Tuesday, 7 September 2010

A small proportion of the nearly six million people who paid too much or too little income tax will find out today whether they are due a rebate or have to make more payments.

Tax debacle could cost you £100 each month

Monday, 6 September 2010

More than 45,000 people will this week receive letters from HM Revenue & Customs (HMRC) to give them warning that their employers have not deducted the correct amount of tax from their pay packets and that they have underpaid or overpaid as a result.

Six million face PAYE tax shock

Saturday, 4 September 2010

Underpayments mean 1.4 million taxpayers will be required to pay out an average of almost £1,500 each.

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