Tag: taxes
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 …
HMRC confirms £200 extra tax charges for state pensioners in 2026
Monthly deductions are then set to temporarily rise to about £33 for a typical £200 payment in the tax year 2027-28 …
£18,000 personal tax allowance update as new milestone follows Reeves response
Workers have not seen an increase for years …
HMRC to hand little-known tax bill to 4 groups – July 31 deadline
Thousands face an “unexpected” tax bill from HMRC following a missed deadline. …
HMRC confirms £200 tax charge rule for UK households
Current HMRC rules means select households face extra tax charges. …
Rachel Reeves nightmare as UK ‘to lose 163,000 jobs’
The Item Club’s latest outlook warns that UK employment will decline by 0.4% this year. …
HMRC issues alert to people earning between £60,000 and £80,000
Some Brits may have to pay some money back, HMRC says. …
