HMRC issued some 1.32million 'simple assessments' to pensioners in the 2023/24 tax year, up 74 per cent from the year before.

UK households can expect a bill with tax experts warning gift exemption rules have now not changed for a whopping "40 years".

The sharp rise reflects a wider trend of more people paying higher income tax, mainly due to the Government’s freeze on tax thresholds ...

Quilter data has revealed that a mere 1,490 estates paying inheritance tax have used the "gifts out of surplus income" rule.

If half of non-domiciled taxpayers were to leave the UK, this would amount to £2.4bn in net losses to the Treasury in the ...

At the last Budget, Labour’s Rachel Reeves revealed plans to raise employer national insurance contributions from 13.8 per ...