Tag: HMRC
HMRC demand letters for people with £10,000 in savings account
HMRC could send you a tax bill letter if you have just £10,000 in your savings account. …
State pensioners already paying HMRC tax on state pension due to little-known ‘97 rule’
EXCLUSIVE: State pensioners will have to start paying tax soon, say reports. But many already do – even if they have no other income – due to the ’97 rule’. …
HMRC warning as people trying to avoid tax could ‘unknowingly’ end up paying 40% levy
More and more people are becoming liable for the tax …
HMRC increases tax-free personal allowance to £20,070 for self-assess households
HMRC will give you a £20,070 allowance tax free legally if you submit a self-assessment tax return in this circumstance. …
HMRC issues new warning in major Stamp Duty crackdown
The alert follows a landmark Court of Appeal ruling which confirmed homes in need of repair are still classed as residential for tax purposes …
HMRC refunding millions to pensioners as some more at risk of overpaying tax
Thousands of refunds have now been made to people who overpaid tax on their pension, receiving an average of £3,800 per person. …
Outcry as more than half a million savers still hit by pension tax overcharging
Figures released by HM Revenue and Customs reveal that £48.7 million in overpaid pension tax was refunded in just the last three months alone …
Over 1 million UK pensioners risk reduced state pensions due to National Insurance gaps
HMRC has issued a warning that some people could be missing out on their ‘full’ entitlement and need to take urgent action …
HMRC to issue instant £100 fines to taxpayers from Friday
People who miss a vital deadline this week will be hit with a £100 penalty. …
Check three things on payslip to make sure you’re not losing money
A personal finance expert has urged everyone to always double check three things on their payslips to make sure they’re not losing out on any money. …
