Tag: personal savings allowance
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. …
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. …
