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

Thousands of people with savings accounts are set to be hit with a shock tax bill from HMRC after a delay on sending out ...

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

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 ...

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

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

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

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

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

HM Revenue and Customs (HMRC) has outlined 10 valid reasons that could save you from a £100 penalty for missing the ...

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