The Labour Party is under pressure to hike the Personal Tax Allowance, as a Parliamentary website petition calls on the tax ...

The tax arm of the new Labour Party government has issued an update via Twitter, now X, to a concerned taxpayer who asked a ...

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

Lloyds Banking Group has been hit with a £1bn tax bill after it lost a key legal battle against HMRC. A tribunal in London ...

HMRC automatically knows how much interest you earn on your savings in bank accounts and if you owe additional tax ...

This year's deadline is for the 2023-24 tax year, and HMRC warns that if you miss it, you could face an initial late filing ...

The taxpayer contacted the organisation over X saying there were a pensioner with a pension providing an income of £12,647 as well as £1,700 in an "income release policy" and that they were told this ...

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?

HUNDREDS of thousands of savers are set to be hit with a surprise tax bill this spring as HM Revenue & Customs (HMRC) is ...

Under the current laws, you need to pay 40% Inheritance Tax on your "estate" - so your property, money and possessions - that ...

From tomorrow, a £100 penalty automatically applies and repayment interest rates will start being added onto the outstanding ...

Married couples or those in a civil partnership can boost their tax-free income by £252 annually, and also they can backdate ...