HMRC sends letters to workers with new tax codes all year round - with more money being taken back from your wages in future.
HMRC has shed light on its rules for issuing tax refunds, including some key dates for receiving funds. The information came after a taxpayer queried how to input their bank details to receive an ...
HMRC then advised the person to write to the department with the details for their foreign bank. The taxpayer was informed ...
HMRC has confirmed that it will begin taking money directly from bank accounts in the government’s latest bid to crackdown on unpaid tax. The tax authority says it is rolling out use of the ‘Direct ...
The financial year started on April 6 and every year, when the tax year resets, HMRC issues new tax codes to those who have breached certain thresholds, such as the Personal Allowance for savings inte ...
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Warning to people with over £3,500 in their bank account as HMRC sends out letters
Individuals with savings of £3,500 or more are being warned that they could receive an unexpected tax bill from HM Revenue ...
Millions of pensioners and savers may have received an unexpected tax bill over the summer from HMRC, under the taxman’s simple assessment system. Frozen tax thresholds mean more of people’s earnings ...
The DWP has confirmed that the Winter Fuel allowance will be automatically repaid if a pensioner has an income of over 35,000 ...
The new tax year may be well underway, but HMRC is still issuing new tax codes to individuals as it adjusts to changes in ...
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