HMRC's tax warning for selling Christmas gifts
HMRC issues a crucial reminder on tax rules for selling unwanted Christmas presents. Find out if your side hustle or gift sales could lead to an unexpected tax bill.
HMRC issues a crucial reminder on tax rules for selling unwanted Christmas presents. Find out if your side hustle or gift sales could lead to an unexpected tax bill.
A 2024 survey reveals a widespread lack of tax understanding in the US, with serious financial consequences. Experts call for urgent education reform.
The heirs of late tech billionaire Robert Brockman agree to pay $750 million to the IRS, settling the largest individual tax evasion case in US history. Read the full story.
HMRC reveals plans to use artificial intelligence to identify and prevent tax evasion and avoidance, targeting a £6.5bn shortfall. Read the latest on the tech-driven crackdown.
HMRC clarifies pension tax relief rules after a taxpayer query, advising claimants to monitor their accounts. Key deadlines and processes for automatic and manual claims revealed.
Chancellor Rachel Reeves dismisses report of 1,000 monthly oil and gas job losses, drawing furious backlash from industry leaders who accuse her of being 'in total denial'. Read the full story.
Labour MP Joe Powell warns corruption is 'hiding in plain sight' on UK high streets, driving tax evasion and money laundering. Read his call for action.
Millions of UK drivers could be eligible for a 100% Vehicle Excise Duty exemption. Discover if you qualify for zero car tax and see the full list of criteria, including disability benefits and classic cars.
HMRC repaid £48.5m to pension savers hit by emergency tax. Check if your tax code ends in 'M1' and learn how to claim your average £3,539 refund now.
Brazilian authorities launch a major operation against a massive tax evasion and money laundering network in the fuel sector, with links to a powerful crime syndicate. Discover the international implications.
Millions face a 5% council tax hike next year, adding £114 to typical bills. Discover actionable ways to reduce your payments and challenge your band.
Chancellor Rachel Reeves extends income tax threshold freeze to 2031, dragging over a million pensioners into the tax net. Discover the full impact on retirees and working people.
Nearly 50,000 Australians tipped off the ATO about tax-dodging businesses last year. Discover how the shadow economy impacts public services and honest taxpayers.
Chancellor Rachel Reeves announces a 2% tax rise on property, savings and dividend income in her second Budget, targeting fairness. Discover the full details.
MPs urge UK government to clamp down on overseas territories' secret company ownership before flagship anti-corruption summit. Transparency at risk.
Chancellor Rachel Reeves announces a £1million funding boost for a new investigator team to tackle firms flouting employment and tax laws, aiming to revive UK high streets. Read the full story.
Cody Detwiler of WhistlinDiesel faces felony charges for allegedly evading taxes on a $400,000 Ferrari he destroyed in a viral video. Could face 1-6 years in prison.
Self-employed workers and landlords earning over £50,000 must prepare for HMRC's Making Tax Digital for Income Tax, requiring quarterly digital updates from April 2026. Learn how to adapt.
Chancellor Rachel Reeves abandons income tax rise but targets £20-30bn through threshold freezes, EV charges & gambling taxes. Full budget breakdown inside.
Matt Cameron sold his entire Australian property portfolio after audit revealed poor returns. He now lives luxuriously in Bali and urges others to follow his investment strategy abroad.
Chancellor Rachel Reeves is planning a Budget crackdown on rogue high street businesses like vape shops and barbers to revive town centres. Discover the new strategy.
Millions of UK workers face higher income tax bills from April 2024 as frozen thresholds drag more earners into higher brackets. Our comprehensive guide reveals exactly how much extra you'll pay.
Shocking investigation reveals millions of British households may have overpaid council tax and could be entitled to refunds worth thousands. Find out if you're affected and how to claim.
HMRC is sitting on £1.5 billion in unclaimed tax refunds - discover if you're among the millions owed money and how to claim your cash before it's too late.
Exclusive investigation reveals how David Beckham's financial arrangements prevented him from receiving knighthood despite his charitable work and sporting legacy.
HMRC launches new digital reporting requirements for online sellers using platforms like Vinted and Depop. Find out if you need to complete a tax return and avoid potential penalties.
Chancellor Rachel Reeves is preparing a blizzard of tax increases targeting wealthy estates and middle earners, with inheritance tax reforms and capital gains adjustments on the table. Meanwhile, horse racing escapes gambling reforms in what critics call
Exclusive analysis reveals the crushing lifetime tax burden awaiting British families as Rachel Reeves faces scrutiny over Labour's fiscal plans and economic transparency.
Shadow Chancellor Rachel Reeves unveils bold plan to target non-doms and private equity with new tax measures to fund public services, as Labour positions itself as party of fiscal responsibility.
Millions of Brits face imminent HMRC deadline with just hours remaining to file self-assessment tax returns or risk substantial penalties. Essential guide to avoiding fines.