HMRC Warns Employers: May 31 Deadline for P60 Submission Approaching Fast Tuesday, May 26, 2026 hmrc p60 employers deadline taxyear payroll compliance fines taxation submission The deadline for submitting P60 forms is rapidly approaching, and employers who fail to meet the May 31 cutoff risk facing fines from HMRC. The P60 form, an End of Year Certificate, provides employees with a summary of their … Read More
HMRC Pension Rule Changes Could Raise Inheritance Tax Bills by £34,000 Monday, May 25, 2026 inheritance pensions taxation estate hmrc planning benefits legislation finance executors Major changes to inheritance tax (IHT) rules coming into effect in April 2027 could push family IHT bills up by an average of £34,000. Under the new legislation, most unused pension funds and certain pension death benefits … Read More
HMRC Contacts State Pensioners to Recoup Winter Fuel Payments Monday, May 25, 2026 hmrc pensioners winterfuelpayment repayments taxcode incomethreshold scams selfassessment underpayment finance HM Revenue and Customs (HMRC) has begun reaching out to state pensioners whose total income exceeded £35,000 after receiving Winter Fuel Payments from the Department for Work and Pensions (DWP). Those who received payments … Read More
Renters Targeted by Rental Scams: Upfront Fees Paid for Non-Existent Homes Monday, May 25, 2026 rental scam fraud renters students housing westmercia upfront hmrc accommodation Renters are being warned about a growing rental fraud in which scammers demand upfront fees for properties that either don’t exist or have already been let. West Mercia Police have highlighted that this deception is … Read More
Millions of State Pensioners Unfairly Excluded from HMRC Tax Exemption Monday, May 25, 2026 pensions taxation hmrc statepension exemption retirement income policy inequality government Analysis reveals that millions of pensioners could miss out on a government-announced tax exemption meant to protect retirees from new HMRC tax bills. Despite promises to ease the burden, fewer than one million pensioners are … Read More
HMRC Introduces Making Tax Digital for Income Tax: New Rules for Earners Above £30,000 Friday, May 22, 2026 hmrc makingtaxdigital incometax selfemployment propertyincome taxfiling digitalrecords taxsoftware taxcompliance taxreturn HM Revenue & Customs (HMRC) has announced a phased rollout of its Making Tax Digital (MTD) for Income Tax initiative, set to affect self-employed individuals and landlords earning above certain thresholds. Starting April … Read More