Tag: personal savings allowance
Martin Lewis issues warning for anyone with savings over £20,000
Personal finance expert has issued a rundown to savers as he gave an alert on how some could end up paying tax on their cash due to savings allowance limits …
Warning as 800,000 people to be dragged into paying more tax
The personal savings allowance, introduced in 2016, is a set amount of interest that a saver can earn before tax is due. …
HMRC savings limit warning as £10,000 puts account at risk
Savers have been warned they could face a tax charge against their account from HMRC. …
Martin Lewis issues warning to people who have £10,000 in savings
Martin Lewis has issued a warning to people who have £10,000 or more in their savings account right now. …
Martin Lewis urges people earning under £18,000 to get extra £5,000
Money expert Martin Lewis says people earning less than £18,000 can get a boost of up to £5,000. …
Martin Lewis issues warning to people with £10,000 in savings
Martin Lewis has issued a warning to people who have £10,000 or more in their savings account right now. …
Savers urged to avoid 5 ‘sneaky’ tax traps as two million face shock HMRC bill
More than two million savers will pay tax on their interest this year, almost half of them basic rate taxpayers. Many will have been caught out by sneaky tax traps that could have been avoided. …
HMRC warning to state pensioners with £7,500 in savings account
State pensioners with £7,500 in savings could run into tax trouble with HMRC this year. …
HMRC warning to people with over £3,500 in savings account
HMRC could send you a tax bill letter if you have £3,500 in your savings account. …
HMRC warning to anyone with over £8,000 in savings account
People who have £8,000 in a savings account have been warned over a shock HMRC bill. …
