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£100 penalty for late tax returns to be scrapped

Automatic late fees for tax returns may become a thing of the past, as HMRC is set to introduce a a new points-based model for missed filing deadlines.

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Budget 2017: will pensioners fund tax cuts for young adults?

Tax cuts for younger voters could be on the horizon in the upcoming Budget. It’s believed the Chancellor of the Exchequer is keen to introduce measures to rouse this demographic, after...

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Simplified tax returns for millions

Death of the tax return? HMRC simplifies self assessment

Millions of people could be freed from the hassle of submitting a tax return, as HMRC begins its roll out of a simplified system for some taxpayers. Around 11 million...

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