Showing 13 to 22 of 22 results
HMRC Raises Side Hustle Tax Reporting Threshold to £3,000
The UK's tax authority, HMRC, is raising the reporting threshold for trading income from £1,000 to £3,000 by 2029, impacting up to 300,000 people who will no longer need to file self-assessment tax returns for side hustles; approximately one-third of this group will not owe any tax.
HMRC Raises Side Hustle Tax Reporting Threshold to £3,000
The UK's tax authority, HMRC, is raising the reporting threshold for trading income from £1,000 to £3,000 by 2029, impacting up to 300,000 people who will no longer need to file self-assessment tax returns for side hustles; approximately one-third of this group will not owe any tax.
Progress
40% Bias Score
Over One Million Britons Miss Tax Deadline, Facing £100 Fines
Over one million UK taxpayers missed the January 31st tax deadline, facing a £100 fine; 732,498 returns were filed on the last day, with 31,442 in the final hour, highlighting challenges in timely tax compliance.
Over One Million Britons Miss Tax Deadline, Facing £100 Fines
Over one million UK taxpayers missed the January 31st tax deadline, facing a £100 fine; 732,498 returns were filed on the last day, with 31,442 in the final hour, highlighting challenges in timely tax compliance.
Progress
40% Bias Score
Millions Face £100 Tax Fine for Missed Deadline
Millions of UK taxpayers risk a £100 fine for missing the midnight self-assessment deadline; new rules share online sales data with HMRC for tax assessment.
Millions Face £100 Tax Fine for Missed Deadline
Millions of UK taxpayers risk a £100 fine for missing the midnight self-assessment deadline; new rules share online sales data with HMRC for tax assessment.
Progress
40% Bias Score
HMRC Criticized for Degraded Services and Rising Uncollectable Debt
The UK's Public Accounts Committee criticized HM Revenue and Customs (HMRC) for worsening its phone service to push digital channels, leading to only 66.4% of calls answered, average wait times exceeding 23 minutes, and £5bn in uncollectable debt written off in 2023-24.
HMRC Criticized for Degraded Services and Rising Uncollectable Debt
The UK's Public Accounts Committee criticized HM Revenue and Customs (HMRC) for worsening its phone service to push digital channels, leading to only 66.4% of calls answered, average wait times exceeding 23 minutes, and £5bn in uncollectable debt written off in 2023-24.
Progress
48% Bias Score
HMRC Weighs Opposing Liberty Steel Restructuring
Britain's tax authority, HMRC, is considering opposing a court-led restructuring plan for Sanjeev Gupta's Liberty Steel, potentially resulting in significant tax losses and impacting the company's future. Negotiations are ongoing, with a creditor vote scheduled for next year.
HMRC Weighs Opposing Liberty Steel Restructuring
Britain's tax authority, HMRC, is considering opposing a court-led restructuring plan for Sanjeev Gupta's Liberty Steel, potentially resulting in significant tax losses and impacting the company's future. Negotiations are ongoing, with a creditor vote scheduled for next year.
Progress
44% Bias Score
Over 1 Million Miss UK Tax Deadline, Facing £100 Penalties
More than 1.1 million UK taxpayers missed the January 31st deadline to file their self-assessment tax returns, facing penalties starting at £100; HMRC estimates a potential £110 million in penalties.
Over 1 Million Miss UK Tax Deadline, Facing £100 Penalties
More than 1.1 million UK taxpayers missed the January 31st deadline to file their self-assessment tax returns, facing penalties starting at £100; HMRC estimates a potential £110 million in penalties.
Progress
40% Bias Score
1.1 Million Miss UK Tax Deadline, Facing Penalties
Approximately 1.1 million UK taxpayers missed the January 31st, 2024 tax filing deadline, incurring at least a £100 penalty, while over 11.5 million others filed successfully, with 31,000 completing their returns within the final hour; new rules require online platforms to share sales data with HMRC...
1.1 Million Miss UK Tax Deadline, Facing Penalties
Approximately 1.1 million UK taxpayers missed the January 31st, 2024 tax filing deadline, incurring at least a £100 penalty, while over 11.5 million others filed successfully, with 31,000 completing their returns within the final hour; new rules require online platforms to share sales data with HMRC...
Progress
36% Bias Score
UK Tax Deadline: Millions Unfiled, Penalties Loom
The UK's self-assessment tax return deadline is January 31st, 2024, with over 3.4 million taxpayers yet to file, facing penalties up to £900 for late filing or payment; HMRC warns of scams targeting taxpayers.
UK Tax Deadline: Millions Unfiled, Penalties Loom
The UK's self-assessment tax return deadline is January 31st, 2024, with over 3.4 million taxpayers yet to file, facing penalties up to £900 for late filing or payment; HMRC warns of scams targeting taxpayers.
Progress
52% Bias Score
HMRC Cuts Off 43,690 Customers, Faces Criticism Over Poor Phone Service and Rising Uncollectable Debt
HMRC's phone system cut off 43,690 customers after 70-minute waits in 2023-24 due to high call volume, prompting criticism from MPs over poor service and a £5 billion increase in uncollectable debt; HMRC denies claims of deliberately poor service.
HMRC Cuts Off 43,690 Customers, Faces Criticism Over Poor Phone Service and Rising Uncollectable Debt
HMRC's phone system cut off 43,690 customers after 70-minute waits in 2023-24 due to high call volume, prompting criticism from MPs over poor service and a £5 billion increase in uncollectable debt; HMRC denies claims of deliberately poor service.
Progress
56% Bias Score
UK's Tax Collection Success: A Model for Others?
An interview with a senior official from the UK's tax authority, HMRC, details the strategies behind their high tax collection rate, which includes both enforcement and public education initiatives.
UK's Tax Collection Success: A Model for Others?
An interview with a senior official from the UK's tax authority, HMRC, details the strategies behind their high tax collection rate, which includes both enforcement and public education initiatives.
Progress
40% Bias Score
Showing 13 to 22 of 22 results