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  2. How to reduce your tax bill with self-assessment deadline near

    www.aol.com/reduce-tax-bill-self-assessment...

    Around 12m people are expected to file an online self-assessment tax return to HM Revenue and Customs (HMRC) by then. More than five million forms were still outstanding at the start of the month ...

  3. Tax returns in the United Kingdom - Wikipedia

    en.wikipedia.org/wiki/Tax_returns_in_the_United...

    Tax returns must be completed by 31 January following the end of the relevant tax year for those who complete the tax return online and by 31 October following the end of the tax year for those who file by a paper return. Once registered, tax payers can submit their tax return online directly via the HMRC website, or from online platforms.

  4. Taxation in the United Kingdom - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_the_United_Kingdom

    The 'tax gap' is the difference between the amount of tax that should, in theory, be collected by HMRC, against what is actually collected. The tax gap for the UK in 2013–14 was £34 billion, or 6.4 per cent of total tax liabilities. [71] It can be broken down by tax type

  5. Tax credit - Wikipedia

    en.wikipedia.org/wiki/Tax_credit

    A tax credit is a tax incentive which allows certain taxpayers to subtract the amount of the credit they have accrued from the total they owe the state. [1] It may also be a credit granted in recognition of taxes already paid or a form of state "discount" applied in certain cases. Another way to think of a tax credit is as a rebate.

  6. Estimate your tax rebate with this calculator - AOL

    www.aol.com/news/2008-02-08-estimate-your-tax...

    For premium support please call: 800-290-4726 more ways to reach us

  7. HM Revenue and Customs - Wikipedia

    en.wikipedia.org/wiki/HM_Revenue_and_Customs

    His Majesty's Revenue and Customs (commonly HM Revenue and Customs, or HMRC) [4] [5] is a non-ministerial department of the UK government responsible for the collection of taxes, the payment of some forms of state support, the administration of other regulatory regimes including the national minimum wage and the issuance of national insurance numbers.

  8. Gift Aid - Wikipedia

    en.wikipedia.org/wiki/Gift_Aid

    Gift Aid allows individuals who are subject to UK income tax to complete a simple, short declaration that they are a UK taxpayer. Any cash donations that the taxpayer makes to the charity after making a declaration are treated as being made after deduction of income tax at the basic rate (20% in 2011), and the charity can reclaim the basic rate income tax paid on the gift from HMRC.

  9. Labour announces ‘Tory tax calculator’ ahead of national ...

    www.aol.com/labour-announces-tory-tax-calculator...

    Labour has announced a so-called Tory tax calculator for the electorate to work out if their taxes are likely to rise even after a cut to national insurance takes effect.

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