Tag: HMRC
HMRC’s ‘little-known’ rule can boost pensions by £720 a year
Only a third of people are aware of this lucrative pension rule, new research shows. …
Households urged to claim £1,354 HMRC cash boost before August 31
Eligible households face an imminent deadline to claim a cash boost worth more than £1,000 per year. …
Martin Lewis MSE says boost tax-free Personal Allowance to £18,570
Money expert Martin Lewis’ MSE has a method to boost your tax-free Personal Allowance with HMRC. …
Martin Lewis’ MSE tax guidance explains 3 things HMRC will ‘never’ do
It’s vital that people recognise genuine communication from HMRC to avoid falling victim to a scam. …
‘I’m an inheritance tax expert – here’s why Rachel Reeves may crack down on gifting’
EXCLUSIVE: A potential cap on lifetime gifting would help prevent losses in death tax revenue as Brits find ways to shield their hard-earned wealth from IHT changes, an expert says. …
Eight taxes Rachel Reeves could target to plug £40bn hole in Autumn Budget
Speculation is rife about which taxes Rachel Reeves may target to help bridge the estimated £40bn hole in public finances. …
HMRC targets ‘personal expenditure’ in tax crackdown on UK households
An initial trial of the crackdown held last year exposed reporting inaccuracies among taxpayers. …
Inheritance tax rate and gifting rules explained as Rachel Reeves considers raid
Rachel Reeves may be plotting another inheritance tax raid for this year’s Autumn Budget. What are the rules now, and what could change? …
HMRC refunds worth £3800 issued to older Brits
HMRC has repaid £48.7million in overpaid tax between April 1 and June 30, with an average payment of £3,815 …
Labour to hit families with tax raid on pensions pots of deceased loved ones
HMRC has confirmed that death duties of up to 40% will apply to unspent private pension pots …
