From April 1, 2026, the new Income-tax law will replace ‘Assessment Year’ with ‘Tax Year’ to simplify tax filing and ...

By the end of the month, a record number of us will have to file a self-assessment tax return, and hand over a chunk of our earnings to HMRC.

Millions of pensioners and savers may have received an unexpected tax bill over the summer from HMRC, under the taxman’s simple assessment system. Frozen tax thresholds mean more of people’s earnings ...