tax

picture of a Tax return note

From pensioners to teenagers, HMRC reveals who files a tax return

People aged 65 and over accounted for 16% of those who filed a tax return for the 2020 to 2021 tax year.

HMRC has today revealed that more pensioners filed a tax return for the 2020 to 2021 tax year compared to young people.

Overall, those aged 65 and over accounted for 16% of individuals who submitted a tax return, whereas 16 to 24 year olds made up 2.7% of total filers.

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Thousands of families in the South West can receive help towards Easter childcare costs

HM Revenue and Customs (HMRC) is reminding working parents in the South West to not miss out on the opportunity to get up to £2,000 a year to pay for regulated childcare, including holiday clubs and other out-of-school activities, during the Easter holidays. Tax-Free Childcare provides thousands of eligible working families with up to £500 every three months (or £1,000 if their child is disabled...
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All you need is…Marriage Allowance

HMRC is reminding married couples and those in civil partnerships to sign up for Marriage Allowance this Valentine's Day and share their personal tax allowances.

From: HM Revenue & Customs

Published 11 February 2022

Married couples and people in civil partnerships could receive extra cash this Valentine’s Day as HM Revenue and Customs (HMRC) encourages those eligible to...

Picture of Tax credits written on a post it note with a calculator and notebook

Working Tax Credit customers must report changes to working hours

HMRC is urging Working Tax Credit customers to check if they need to update their working hours if these have reduced as a result of coronavirus.

From: HM Revenue & Customs

During the pandemic, Working Tax Credit customers have not needed to tell HMRC about temporary short-term reductions in their working hours as a result of coronavirus - for example if they were working fewer...

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1.8 million couples benefitting from extra tax relief

Married couples and those in civil partnerships could reduce their Income Tax by up to £252 a year by sharing their Personal Allowances.

From: HM Revenue & Customs

Nearly 1.8 million married couples and those in civil partnerships are using Marriage Allowance to save up to £252 a year in Income Tax, HM Revenue and Customs (HMRC) has announced.

Summer has always...

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Your questions answered about Tax-Free Childcare

As parents around the country are busy arranging their childcare for the Easter holidays and planning ahead for the rest of the year, Parenting Daily asked the policy experts at HMRC about Tax-Free Childcare and how our readers could (and should) be benefitting from it:

Q: What is Tax-Free Childcare?

A: Tax-Free Childcare is a government funded top-up scheme to help eligible families...

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