Tag: HMRC
Martin Lewis issues warning over new ‘unspecified’ tax charge on ISAs
The Government has confirmed there will be changes to ISA allowances …
HMRC issues new pension warning – ‘it could cost you’
HMRC has issued a pension warning to cash-strapped Brits this Christmas, as one practice can land you in trouble and cost you quite a bit. …
Rachel Reeves confirms changes to tax on state pension amid ‘growing gap’ fears
State pension payments increase each April …
People taking lump sum from pension for first time could be owed tax refund of £3,800
HMRC has issued £48.7 million in refunds for overpaid tax on pension withdrawals, with the average refund worth around £3,800 …
Tax-free Personal Allowance increased to £16,320 for self-assess households
HMRC will give you a £16,320 allowance tax free legally if you submit a self-assessment tax return shared with a partner. …
HMRC issues ‘wait’ update as people may owe tax
It’s worth taking a note of your tax-free allowances …
HMRC urges taxpayers to make a note of this or risk £4,000 tax bill
There are several tax-free allowances to be aware of …
HMRC to pay Brits £1000s for snitching on friends and neighbours
HMRC hopes it will encourage more members of the public to come forward. …
Dates when DWP benefits may be paid into your bank account over Christmas
Dates may shift around over the festive period due to bank holidays. People should check if money will arrive sooner or later than expected. …
HMRC warns pension savers face 55% charge on unauthorised early withdrawal error
Officials today warned anyone accessing their pension early could face court action for tax avoidance schemes …
