by support@informanagement.co.uk | Oct 15, 2026 | Income Tax
Taxpayers who need to pay the High Income Child Benefit Charge (HICBC) for 2025-26 may be able to pay it through PAYE rather than completing a self-assessment tax return solely to report the charge. The HICBC applies where an individual or their partner receives Child...
by support@informanagement.co.uk | Oct 15, 2026 | Pension
You may have to pay Income Tax on your pension if your total annual taxable income exceeds your Personal Allowance. This applies whether you receive the State Pension, a workplace pension or a personal pension. Your total taxable income can include the basic or new...
by support@informanagement.co.uk | Oct 15, 2026 | General
HMRC has revealed that it had £42.8 billion in outstanding tax debt at the end of March 2025, equivalent to 5% of total tax receipts. The figures appear in its corporate report, The HMRC tax debt strategy – update. The report also highlighted progress in...
by support@informanagement.co.uk | Oct 15, 2026 | HMRC notices
Cryptoassets can create unexpected tax liabilities. HMRC’s guidance highlights several areas where mistake can be made. Assuming crypto-to-crypto exchanges are tax-free. Exchanging one type of cryptoasset for another can count as a disposal for Capital Gains Tax...
by support@informanagement.co.uk | Oct 15, 2026 | Value Added Tax
Alternative providers of higher and further education may be able to claim refunds of VAT following a recent Court of Appeal ruling, although the position remains subject to further legal proceedings. HMRC recently published a brief explaining the implications of the...
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