Tag: taxes
State pension update over new tax rule and how HMRC will ‘identify’ claimants
The Government announced the new policy last year …
State pensioners issued ‘you must declare it’ tax warning
Key changes to the tax on the state pension are coming in soon …
Martin Lewis explains how pension change can save you £200 tax bill
The expert warned of a tax ‘cliff edge’ that some people face …
HMRC posts demand letters to those with £3,500 or more in bank savings
HMRC could send you a tax bill letter if you have as little as £3,500 in your savings account in this new tax year. …
HMRC asking banks to tell them how much people have in savings in new rules
Interest rates have soared with officials saying this means ‘this has made the system for identifying and collecting tax on interest more important’ …
Expert ‘£3,000’ HMRC tax alert for savers
The findings were highlighted by consumer experts at Which? Money …
HMRC clarifies how £1,000 tax rule applies to pensioners
It’s worth reading up on as tax rates are increasing soon …
Martin Lewis pension ’25 percent’ withdrawal warning as he says avoid costly mistake
Many people mistakenly believe they can simply withdraw 25% without any more implications …
