Personal tax

Tax return date looms large

Taxpayers are being reminded that they must submit their self assessment returns online by 31 January.

HMRC offers taxpayers advice on online filing hitch

People who have found that HM Revenue and Customs’ online tax return website contains a mistake on the payment of self assessment tax through their PAYE codes have been given advice on what to do.

Revenue cuts overpaid tax interest rates to zero

HM Revenue and Customs has announced that, as from 27 January, the rate of interest to be paid on money owing to taxpayers falls to 0 per cent.

HMRC website tax error

Taxpayers, with tax owing of up to £2,000, are being advised that HM Revenue and Customs’ online tax return website contains a mistake.

Tax breaks urged for savers

Savers should be offered tax incentives as way of combating the poor returns currently being delivered by savings accounts, a leading banker has argued.

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