A basic rate taxpayer missing out on the personal allowance they are entitled to could pay £2,514 a year too much in tax. A P45 is a document that you get when you stop working for an employer.

Items that reduce your tax-free allowances can add up to more than those allowances, resulting in ‘minus allowances’, experts ...

Your pay slip tax codes may appear to be nothing more than a jumbled mix of letters and numbers, but they play a vital role in calculating how much tax is deducted from your earnings. If these codes ...

Households across the UK are seeing changes to their income tax as HMRC applies ‘minus allowances’, reducing take-home pay ...

His Majesty's Revenue and Customs (HMRC) has highlighted a straightforward method for people to manage their tax and ...