Category Tax

How Does HMRC Know About Undeclared Income?

how does hmrc know about undeclared income

In an increasingly data-driven world, it’s becoming harder to hide income, whether intentionally or by accident. For taxpayers in the UK, Her Majesty’s Revenue and Customs (HMRC) has developed sophisticated systems to detect undeclared income across multiple channels. These systems…

Do HMRC Automatically Refund Overpaid Tax?

do hmrc automatically refund overpaid tax

Paying tax is a responsibility, but overpaying is surprisingly common, especially under the UK’s complex PAYE and Self-Assessment systems. Many individuals assume that HMRC will refund any overpaid tax automatically. While that’s true in some cases, it’s not always guaranteed.…