HMRC has given taxpayers an extra two years to plug any gaps in their NIC record from April 2006.

There is currently no legislation specifically targeted at social media influencers, however the fast-growing industry is very much on HMRC's radar.

The Nationwide Building Society has paid what is described as a 'fairer share' of £100 each to around three million of its customers.

Claiming child benefit is, after the initial claim, an incredibly straightforward process (subject to the issues raised above regarding higher earners).

In families where child benefit is claimed, it is important that the individual or couple receiving the child benefit keeps a close eye on their income level.

In Spring Budget 2023 the Chancellor announced a welcome change to the tax treatment of pensions - the scrapping of the Lifetime Allowance (LTA).

If your company undertakes research and development (R&D) you will usually benefit from generous tax relief.

HMRC has confirmed that requirements to report additional information will come into effect from the 2025-26 tax year or possibly a later period.