Penalties for failing to notify HMRC about a capital gains tax liability have doubled in the past two years, according to new figures – and experts have said this could be the “tip of the iceberg”. A ...

Over the past 12 months, HMRC has been meeting regularly with professional bodies as part of a new working group called the Customer Services for Tax ...

Capital gains tax has been increased since Labour came to power last year and there are rumours of a further hike. It comes after CGT rates were increased in the Autumn Budget and the latest HMRC data ...

HMRC has confirmed that it will not provide its own software, leaving taxpayers to find compatible digital tools or work with accountants. Tax experts have warned that “tens of thousands” of people ...

Thousands face fines after HMRC missed a CGT update. UK households could face fines this year after tech issues left HMRC’s online filing system unable to properly reflect the recent changes to ...

It is widely expected that capital gains tax will make an appearance in next month’s Budget - but according to HMRC figures, hiking the tax could actually decrease revenues for the government.

Thousands of taxpayers face being hit with penalties and extra bills because of a blunder in HMRC’s own systems. The tax office has admitted that its online filing service was not updated in time to ...