Tag: hmrc news
HMRC blocks U-turn by workers who grabbed tax-free lump sums in budget panic
Savers claim they took their lump sum withdrawal decision on the basis of guidance that they had a 30-day cooling-off period …
HMRC new savings tax warning for anyone over £10,000 limit
A customer got in touch asking if they would need to take action given their situation in terms of earnings …
HMRC confirms ‘no changes for online sellers’ ahead of new tax rules next month
HMRC has clarified its new tax policy ahead of the new year – just in time for those who might want to sell their unwanted Christmas presents. …
HMRC warns workers about ‘surprise’ tax rule that could cost ‘hundreds of thousands’
The complicated rules could leave thousands of workers with “staggering” tax bills, an expert has said. …
HMRC warning over pensions payment as ‘you need to check this’
A taxpayer got in touch to query a £124,000 bill they thought they had unfairly been given. …
New HMRC charges to hit thousands of people from next week
The new rates which are mandated by law will apply to a raft of payments. …
HMRC update on National Insurance changes as this group will have ‘nothing to pay’
Chancellor Rachel Reeves announced changes to National Insurance in the Budget. …
Brits over-charged £44 million by the taxman on pension withdrawals
Some 12,331 people overpaid tax for the three-month period with the average sum involved put at £3,691. …
HMRC issues urgent update for millions of UK taxpayers as crucial deadline looms
HMRC has shared some crucial guidance for those needing to file a tax return. …
HMRC issues new warning to 671,000 people to cash in ‘unclaimed’ £2,212 savings pot
People can use the Government’s free tool to find their savings pot. …
