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Tax

Budget 2014: the latest speculation

Income tax looks set to be a key Budget 2014 issue, with shadow Chancellor Ed Balls calling for an increase to 50% as thousands more are taken out of tax.

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Personal allowance could rise to £12,500

Personal allowance could raise above £10,000 in the 2014/15 tax year, under plans revealed by Nick Clegg.

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Tips for filing a last minute tax return

The very last deadline for self-assessment tax returns is midnight on Friday 31 January. Miss this and you face an automatic £100 fine.

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HMRC

Self-assessment tax returns – avoid non-HMRC sites

Tax returns and self-assessment registration are free online at HMRC.gov.uk. Using unofficial websites could cost you £1000. Which? helps you not get caught out

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HMRC wake-up call for self-assessment tax returns

HMRC have signalled their intention to take a hard line with taxpayers who miss the 31 January deadline for their online self-assessment tax return.

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