Sep 30, 2026 | CGT, Income Tax, Liability, Penalties, Tax
Making “reckless untrue statements or declarations” about direct taxes, such as income tax or capital gains tax, could become a crime if the Government pushes ahead with plans outlined in a recent consultation, which closed on August 16. The Government...
Feb 27, 2026 | IHT, Penalties, Wills
Thousands of people die each year without a will, as more than half of us don’t have one. But even for those who have written a will, there is a good chance your loved ones won’t know where to find it when you die. Nearly half of all couples don’t...
Jan 30, 2026 | HMRC, Penalties, Self-Assessment, Tax
Thousands of people once again took the chance to use some quiet time over the festive period to file their self-assessment tax returns, with 4,606 people even filing their return on Christmas Day. In total, 37,435 people completed their return over the three days of...
Jul 29, 2025 | HMRC, Penalties, Self-Assessment, Tax
Around 600,000 late-filing penalties have been paid to HMRC in the last five years by some of the lowest earners in the UK despite them not owing any tax, according to Tax Policy Associates. Missing the filing deadline of January 31 for a self-assessment tax return...