Tax collection grows despite reduced NI rates.
Rising tax revenues despite NI cuts
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Personal Tax
Taxpayers hit by 60% tax trap
Frozen thresholds push more people into high tax rates.
4.4m taxpayers face higher brackets in 2024
Millions face higher taxes, including pensioners and savers.
Tax revenues surge despite NI cuts
Frozen thresholds and higher rates boost income.
HMRC inheritance tax recovery soars
Targeted efforts yield high returns from unpaid IHT.
650K HMRC calls abandoned in February
Waiting times are still above the annual average.
HMRC releases profit calculator for tax year
The calculator excludes partnerships.
Tax changes from 6 April now in effect
NICs, CGT, and pensions are affected by the changes.
Stealth tax freeze threatens income of pensioners
Over a million retirees dragged into tax levy.
Landlords warned over HMRC limited company rules
Widespread confusion regarding criteria prompts warning.
HMRC introduces digital authentication system
Digital doorway introduced for new individual taxpayers.
Service standards at HMRC continue to decline
PAC calls for significant improvements to service levels.
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