Many graduates make student loan repayments through the Pay As You Earn (PAYE) system, if they are employed and earn over their relevant loan plan threshold. Usually, the loan repayment thresholds change at the beginning of each tax year. Check your April payslip to make sure your repayment is corre...
HMRC’s revamped app provides a convenient and user-friendly way to access your details and help you manage your taxes. In this article, we explore the app and list some of the useful things that you can do in it - including several that may offer you important information about your finances and oth...
Cryptoasset investors should keep up-to-date records to ensure they pay the right amount of tax, the Chartered Institute of Taxation (CIOT) and its Low Incomes Tax Reform Group (LITRG) have warned....
LITRG submitted a response to the Public Accounts Committee inquiry into DWP’s progress in implementing universal credit. ...
From 6 April 2024, there are six rates and bands of Scottish income tax that apply to the non-savings and non-dividend income of Scottish taxpayers. We set out what this means for Scottish taxpayers....
Thousands of UK employees could face an unexpected tax bill this year due to a little-known quirk in the tax system, the Low Incomes Tax Reform Group (LITRG) has warned....