Tag: HMRC
The Crusader: Solution for savings interest deadlock brings relief to older customer
If anyone knows the feeling of helpless misery that descends when you’re faced with deadlock it’s Janice Jones who fell into a chasm over taxable interest received on an account that wasn’t hers. …
Brits hit with up to £98,000 tax bills for cashing in pensions – how to avoid
Retirement expert Mike Ambery shared five strategies to help retirees avoid becoming “big pension taxpayers”. …
HMRC could soon send tax letter to anyone with this type of savings account
Savers who have their money in a non-ISA savings account may have to pay tax on some of their interest. …
Parents of teens reminded of HMRC child benefit rule
Parents of with 18 and 19-year olds are being told they can extend their child benefit claim to guarantee payments in September. …
HMRC to contact 887,000 savers with over £3,500 in the bank
Many savers may be unaware they’re at risk of a tax charge. …
People working from home could face surprise repayment bill from HMRC
HMRC is getting stricter after rules for tax relief changed …
People earning under £100,000 urged to claim HMRC benefit worth £2,000
The benefit provides payments of up to £500 every three months from HMRC. …
‘Little-known and underused’ inheritance tax rule offers ‘powerful’ way to slash bill
Only 430 families claimed this inheritance tax exemption in a previous tax year, data shows. …
HMRC warning over ISA deposits as ‘tax is payable’ if you make this mistake
You can save into different accounts each tax year including cash ISAs stocks and shares ISAs …
Fury as HMRC delays force people to wait months for tax refunds
The delays appear to hit employers’ PAYE and the Construction Industry Scheme particularly hard. …
