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HMRC pushes back Self-Assessment filing penalties

HMRC has waived late filing and late payment penalties for Self-Assessment taxpayers for one month.


Pensions Tax Relief soars £11bn in four years

The cost to the Government of Pensions Tax Relief rose to an estimated £42.7bn in 2020/21 - up £11bn in four years.


Tax avoidance risk tool launched by HMRC

HMRC has launched a new tool to help self employed agency and contract workers employed through an umbrella company spot whether they are at risk of tax avoidance.


Pension Freedoms result in £800m overpaid tax

Latest HMRC figures show that £794m has been repaid to people overtaxed on flexible retirement withdrawals since the Pension Freedoms were introduced in 2015.

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