Tag: HMRC
State pension update as ‘worrying’ HMRC error could see these savers get less cash
These workers could face a lower state pension because of the ‘worrying’ HMRC error. …
Rachel Reeves set to target millions of Brits with £2,300 savings tax
Figures released by HMRC show that 2.64 million people could be hit by the tax. …
Brits urged to ‘sign up now’ to scheme or miss out on saving £2k a year
Many Brits don’t realise they are eligible for support that could save them thousands every year. …
HMRC tax demand letters for savers with £1,000 in current account
HMRC could send you a tax bill letter if you have just £1,000 in your current account on top of non-ISA savings. …
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. …
