The Personal Allowance allows a basic rate taxpayer to earn up to £1,000 interest per year tax-free but this only applies if ...

HMRC has shared an important warning to anyone with over £3500 stashed in the bank, as they could be hit with an unexpected ...

Under HMRC guidance, you're entitled to a tax-free personal allowance. For those earning under £100,000 with no taxable perks ...

People with £3,500 or more in savings are being warned they could face an unexpected tax bill from His Majesty’s Revenue and ...

UK savers have been urged to check HMRC rules, as a ‘significant’ portion will soon face tax bills due to rising interest ...

Savers with £3,500 or more are being alerted to the possibility of an unexpected tax demand from His Majesty's Revenue and ...

I believe I am being asked to pay £1,300 in taxes on interest I can't yet access. Do I owe this money and what are the rules?

The Personal Savings Allowance means that you can only earn a certain amount in interest each year before being taxed on it ...

The Personal Savings Allowance allows basic-rate taxpayers to earn up to £1,000 in savings interest a year without paying tax ...

HMRC normally sends out P800 letters, which tell you if you have overpaid or underpaid tax, by the end of November - but some ...

HM Revenue and Customs (HMRC) has said some people may have £2,000 or more in a bank account that they don't know about. It ...