Tag: taxes
Cash ISA tax free allowance update as BBC money expert shares verdict
There has been intense speculation that the existing £20,000 annual tax-free allowance on cash ISAs will be lowered – possibly to £4,000. …
HMRC threatens loan charge victims with debt collectors
Tax experts warn that HMRC’s actions could devastate thousands of families …
HMRC outcry as penalty tax trap squeezes enormous sums in interest payments
The news comes as grieving families are being hit with crippling inheritance tax bills …
HMRC warning as people urged to check doormats and letter boxes
As the end of the tax year looms, hundreds of thousands of taxpayers across the UK will receive dreaded correspondence from the taxman. …
Rachel Reeves could soon hike income tax rates, experts warn
Britain’s leading economic think tanks have sounded the alarm …
HMRC explains how to avoid £100 fine for missing tax deadline
HMRC has shared 10 valid reasons that could exempt you from a £100 penalty for missing the self-assessment deadline …
Supermarket shoppers buying wine braced for extra charges under new rules
New rules coming into effect mean additional charges for customers buying alcohol. …
Huge HMRC blunder exposed just days before major tax deadline
HMRC faces backlash over call centre failures as 44,000 customers were cut off ahead of the tax deadline. …
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 issues alert to anyone who creates online content
People creating content online have been issued an alert by HMRC. …
