With the end of the tax year approaching, people who are employed or receiving a pension may find themselves on the receiving end of a seemingly intimidating HMRC letter. Known as Simple Assessment ...
UK savers have been urged to check HMRC rules, as a ‘significant’ portion will soon face tax bills due to rising interest ...
HMRC has shared an important warning to anyone with over £3500 stashed in the bank, as they could be hit with an unexpected ...
The first tier tribunal (FTT) has struck out a case concerning top slicing relief, on the basis that it had no jurisdiction ...
HMRC explains that understanding how you’re being paid is the best way to make sure you don’t get caught up in tax avoidance.
Seven people involved in a construction industry fraud that cheated the tax office out of £22m have been jailed. The ...
Personal finance expert is urging Brits to check their State Pension forecast as working years in the UK accumulate National Insurance credits ...
The Personal Savings Allowance allows basic-rate taxpayers to earn up to £1,000 in savings interest a year without paying tax ...
HMRC automatically knows how much interest you earn on your savings in bank accounts and if you owe additional tax ...
HMRC normally sends out P800 letters, which tell you if you have overpaid or underpaid tax, by the end of November - but some ...
Savers have been reminded that they could get an unexpected bill from HM Revenue and Customs (HMRC) due to interest earned - ...
Under HMRC guidance, you're entitled to a tax-free personal allowance. For those earning under £100,000 with no taxable perks ...