Personal tax

Well over one million pensioners have overpaid their tax, official figures have revealed.

Taxpayers whose paper returns are held up in the mail by the postal strike should not have to face a late filing fine.

To tackle the UK’s massive public debt, the basic rate of income tax should be raised by 7p in the pound, a leading think tank has said.

The Chancellor has been urged ahead of his pre-Budget Report to introduce changes to the tax system as a way of helping to stimulate economic growth.

The number of scam emails in circulation promising people bogus tax refunds has reached record levels.

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