The new figures follows years of criticism that the rules were "unfair, confusing, and disproportionately punitive".

HMRC has provided clarity on pension contributions rules following a query from a taxpayer. The individual asked: "If salary ...

HMRC has clarified the regulations surrounding pension contributions in response to a public query. The tax body was asked over social media: "If salary sacrifice would take me below NMW [National ...

HMRC has issued a warning to thousands of workers on salary sacrifice schemes. The Labour Party government's tax arm spoke out on Twitter, now X, after a query from a taxpayer after they received ...

Salary sacrifice enables you to exchange part of your salary for ... private health insurance – they may be recorded on your P11D form. This is submitted to HMRC by your employer each tax year. You ...

Money expert Martin Lewis has shared how people can still get a state pension top-up if they were one of thousands that were locked out of securing their entitlement due to a HMRC error.

Having early conversations with payroll providers and software suppliers is important to get ahead of the curve on P11D changes, says ...

“This latest data shows just how far the High Income Child Benefit Charge (HICBC) has reshaped the Child Benefit system. Over ...

As the redirected money reduces gross pay, it lowers the amount employees and employers owe HMRC, which creates savings for both. Royden Greaves, CEO and Founder of Jarvis, said: “‘Salary sacrifice’ ...

In total she would pay an eye-watering £42,432 in income tax alone. READ MORE: HMRC issues warning to thousands of workers on salary sacrifice schemes READ MORE: I’m on DWP benefits and work two hours ...