HMRC automatically knows how much interest you earn on your savings in bank accounts and if you owe additional tax ...

HMRC says it normally aims to issue P800 letters, which let you know if you have overpaid or underpaid tax, by the end of ...

HMRC normally sends out P800 letters, which tell you if you have overpaid or underpaid tax, by the end of November - but some ...

HUNDREDS of thousands of savers are set to be hit with a surprise tax bill this spring as HM Revenue & Customs (HMRC) is ...

The Personal Savings Allowance means that you can only earn a certain amount in interest each year before being taxed on it ...

Savers with more than £3,500 tucked away could be hit with an unexpected tax bill from HMRC, experts have warned. The tax ...

HMRC is to scrap a costly tax code error that left millions of pensioners thousands of pounds worse off. The error came from emergency tax codes applied to pensions ...

I believe I am being asked to pay £1,300 in taxes on interest I can't yet access. Do I owe this money and what are the rules?

According to Money Helper, each individual can take up to 25% of their pension completely tax-free from the age of 55.

As many as 470,000 people have lost vital income totalling £1.37 billion, which then had to be reclaimed, because of flaws in ...

Gift Aid transforms charitable donations by allowing charities and CASCs to claim 25p extra for every £1 given—at no ...

However, HMRC has now extended this deadline until March 2025. This news comes to light following reports from The Sun ...