Tax

Millions of victims of payment protection insurance (PPI) mis-selling will have to pay tax on their payout, the Government has confirmed.

Over one million people are about to be given the shock news they owe the taxman an average £600 each, while millions more will receive rebates of around £300 each.

Consumers in Suffolk should beware of a cold calling scam from a company illegally claiming to be MoneySavingExpert.com.

An influential group of MPs has slammed poor service at HM Revenue and Customs (HMRC), highlighting long delays for taxpayers looking for help and errors by the government department.

Britain's economy slowed between April and June after new data today showed the UK grew by 0.2% in the quarter.

Hundreds of thousands of taxpayers will get an extra month to make a payment due on Sunday and escape penalty because HM Revenue & Customs (HMRC) ran out of paper.

The Office of Fair Trading has opened investigations into a number of websites that charge people for government services that are available either for free or for a lower price.

Single mothers will be hit harder than any other group by the coalition Government's programme of benefit cuts and tax rises, losing an average 8.5% of their income after tax by 2015, according to a report released today.

The 2011/12 tax year starts today, meaning everyone gets a new tax-free cash Isa allowance. But don't delay using it as it every day you stall you're losing interest.