A warning has been issued over gifting momey to friends or family - because the presents may not actually be exempt from HMRC ...

While many believe that giving money to family or friends is tax-free, the rules are more complex than they appear. According to HMRC, only certain types of gifts are immediately exempt from IHT. And ...

The retailer says it’s a sandwich — but one taxman thinks it might actually be a pudding. The difference? A substantial VAT bill ...

Marks & Spencer is causing a stir with its Wimbledon inspired Red Diamond Strawberry and Creme Sandwich, not least for tax inspectors at HMRC ...

UK households are being warned by HMRC to tread carefully when gifting money to loved ones – or risk leaving their estates facing unexpected inheritance tax (IHT) bills. While many people believe that ...

The department has concluded that it wishes to appoint one of the market’s biggest cloud firms to lead modernisation, which ...

Over seven million households across the UK can expect to receive a letter from HMRC, as frozen tax thresholds are set to impact individuals nationwide. According to official figures, the number of ...

HMRC has warned millions who have a National Insurance number to act "today". The Labour Party government's tax arm took to X, formerly Twitter, to issue a stark warning for millions who have NI ...

While it can be an inconvenience to lose your National Insurance number, it can also cause issues down the line when you need ...

HMRC has issued an urgent warning to anyone with a side hustle to act now or risk being hit with a big fine. Those earning ...

Anyone with a side hustle is being urged to check if they need to register for Self Assessment. This is an important step, according to HM Revenue and Customs (HMRC), for those with extra income from ...

The complicated and risky nature of replacing IT suppliers in major government contracts means Fujitsu will be cashing in for ...