Personal tax

Record number of self-assessment tax returns were filed on time

06 Feb 12

A record 9.45 million self-assessment tax returns were filed on time this year, with a record 7.65 million (80.9 per cent) of them filed online, says HMRC.

Government under fire over latest tax avoidance scheme

03 Feb 12

The Government has been heavily criticised after it was revealed that the Student Loans Company CEO was being paid via an agreed tax avoidance scheme.

IFS argues for major Budget tax cut

02 Feb 12

The Institute of Fiscal Studies has argued that taxes in the upcoming March Budget could be viably cut in order to boost the economy.

HMRC extends self-assessment deadline

27 Jan 12

HMRC has announced that it will not impose penalties on online self-assessment tax returns received by midnight on 2 February 2012.

Clegg: Income tax threshold should rise to £10,000 faster