2 weeks until self-assessment deadline

Self-assessment taxpayers now have two weeks to complete and submit their returns for the 2017/18 tax year, before the deadline at midnight on 31 January 2019. People who are self-employed or have more than one source of income are usually required to complete a...

Savers hit by ISA tax charge

Thousands of bereaved partners in the UK could be paying unnecessary tax on inherited ISAs, by missing out on a tax break. Introduced in 2015, the additional permitted subscription means the spouse or civil partner of someone who has died can inherit the deceased's...

Think tank proposes five tax changes

The Government could save almost £7 billion a year by 2022/23 by tweaking five existing wealth taxes and subsidies, a think tank has argued. Scrapping the lifetime and help-to-buy ISAs, reforming or replacing council tax, and clamping down on inheritance tax loopholes...

Thousands file tax returns over Christmas

More than 10,000 people filed their self-assessment tax returns over Christmas 2018, ahead of the 31 January 2019 deadline. According to figures from HMRC, a total of 2,616 people filed their self-assessment tax return on Christmas Day, with 231 sent between 1pm and...

Dates and deadlines for January 2019

As we begin 2019, here are some important tax dates to keep in mind this January. 7 January VAT return Due date for November VAT returns unless exempted. 14 January EC sales list Deadline for paper monthly or quarterly return filing. CT61 payment Due date for income...