Tag: personal savings allowance
New savings tax alert as expert warns of £20,000 limit as adds ‘helps you shield’
People can end up paying tax on their saving interest if they don’t watch out …
Martin Lewis warning to anyone with savings over £20,000
Personal finance expert Martin Lewis has warned savers about when their savings interest could be taxed and explained the personal savings allowance thresholds …
Bank savings account £5,000 warning as HMRC explains ‘personal limits’ threshold
The HM Revenue and Customs rules apply to anyone with a savings account …
State pensioners issued warning over savings limit ahead of Autumn Budget
Experts say people aged 55 or over could be hit hardest. …
State pensioners hit with HMRC tax bills for savings accounts
More than 1.1M state pensioners are set to pay tax bills on their savings. …
Martin Lewis says tax hole means people can avoid losing £200 on savings interest
Personal finance expert explained how people would be ‘better off’ earning less interest on their savings …
Martin Lewis issues warning to UK households with £10k or more in savings accounts
Money saving expert Martin Lewis issued vital advice for savers. …
Current account holders in the UK issued £1,529 warning
Britons are missing out on hundreds of pounds by failing to make a simple switch. …
Debt crisis grips UK – how you can drive down your credit card repayments
There are a number of very accessible options if you’re looking to clear your credit card debt. …
Savings allowances explained as Rachel Reeves approves tax crackdown
People with savings accounts may find HMRC automatically collecting tax because of their interest earnings. …
