Tag: personal savings allowance
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. …
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. …
Bank paying customers £137 a year with bumper 7.1% savings account
This account could help you maximise your savings. …
Tax bill warning for people with more than £14,500 in savings accounts
Over seven million more Brits are expected to fall into the higher-rate tax band this year. …
HMRC to send out 6 million unexpected bills to ‘rule break’ UK households
Personal Savings Allowance allows people with savings accounts to avoid paying tax on the first £1,000 of interest. …
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. …
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. …
HMRC demand letters for people with £3,500 or more in savings account
HMRC could send you a tax bill letter if you have £3,500 in your savings account. …
‘I’m a money expert – this tip will make a serious difference to your savings’
Savers could end up “paying a horrible price” by not making these checks. …
