Tag: HMRC
‘Best kept secret’ savings account offers 50% bonus rate
Many households aren’t aware that the “unbeatable” savings account exists, experts have said. …
HMRC ‘to take cash directly from these accounts’ in new crackdown from today
The policy, which was paused during the Covid-19 pandemic, has been restarted in a “test and learn” phase, HMRC said …
DWP sending officials to homes of anyone suspected of benefit fraud in crackdown
The Department for Work and Pensions has issued a warning to anyone who is suspected of committing benefit fraud …
HMRC warning to pension savers over lump sum withdrawals
It comes ahead of the upcoming Autumn Budget when pension pots could be raided. …
Signs you’re under investigation for DWP benefit fraud as ‘red flags’ revealed
Millions of pounds are lost to benefit fraudsters every year, but the Department for Work and Pensions is being given new powers to tackle the issue …
‘I’m a wealth expert – here are 4 lesser-known ways to reduce your inheritance tax bill’
Some legitimate inheritance tax savings strategies are significantly underused, simply because Britons “aren’t aware” they exist. …
Pensioners urged to do 1 thing if they missed Winter Fuel Payment deadline
Pensioners who wanted to opt out of the Winter Fuel Payment should have done so by September 15. …
Pensions raid fear as HMRC moves to scale back tax breaks
The tax authority has launched research into salary sacrifice arrangements …
‘Startling’ rise in pension lump sum withdrawals as Budget tax fears ramp up
Britons accessed a staggering £10billion worth of tax-free pension cash in the six months to March, marking a 72% rise in withdrawals. …
Petition to stop Reeves’s inheritance tax on pensions hits major new milestone
Campaigners have branded the policy change “unfair”, arguing that it disincentivises people from funding their pensions. …
