HMRC to pay £1,200 cash to people in Martin Lewis approved scheme with 7.5m eligible

HM Revenue and Customs has told 7.5 million people in the UK they can get a £1,200 cash boost. Taking to X, HMRC said anyone on Universal Credit can benefit from Help to Save accounts - where the ...

HMRC pays £1,200 free to people in savings scheme with millions eligible

HM Revenue and Customs has informed 7.5 million Britons that they are eligible for a £1,200 cash boost. According to HMRC, anyone on Universal Credit can benefit from Help to Save accounts - where the ...

HMRC gives new update as rumours of ISA £20,000 limit cut intensify

The average of the top 25 stocks and shares ISAs is worth 17 times the average of the biggest cash ISA accounts, according to figures from HM Revenue and Customs (HMRC) ...

HMRC confirms dates for National Insurance refunds landing in bank accounts

HMRC responded to state that "the standard 8 to 12 weeks is from when you receive the confirmation". The Government website has a tool you can use to claim a National Insurance refund.

HMRC issues update over payments into customer bank accounts 'from this date'

HM Revenue and Customs (HMRC) has shed light on the timeframes for tax refunds. A taxpayer reached out to the authority after being informed they were due a National Insurance refund, which was to be ...

HMRC issues £13,500 penalty to savers for breaking cash withdrawal rules

Between April 2018 and April 2024, the Treasury collected approximately £213 million in penalties resulting from 286,000 unauthorised withdrawals. Savers have previously told HMRC that unexpected life ...

HMRC urges millions of people to get £1,200 payment boost

HM Revenue and Customs (HMRC) is urging millions of Brits to apply for a £1,200 payment boost in a scheme that was approved by Martin Lewis. This is the Help to Save scheme, which allows certain ...

HMRC explains how to get tax refund if you have this type of bank account

HMRC then advised the person to write to the department with the details for their foreign bank. The taxpayer was informed that the letter should include details such as the name of the bank, their ...

HMRC deducting £300 from state pensioners' bank accounts from Monday

HMRC will be taking hundreds of pounds from certain pensioners over the coming weeks. The tax authority will be clawing back Winter Fuel Payments, worth up to £300, from pensioners who don't qualify ...
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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 and Customs ( HMRC). HMRC has the ability to automatically detect interest on ...

HMRC warns taxpayers over error when filling in self assessment tax return

HMRC has clarified a restriction that applies when completing the self-assessment form. There are various reasons why you may need to complete a self-assessment tax return, such as if you're ...
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HMRC fines warning for Instagram, YouTube and TikTok users

New research finds the average Brit earning money through TikTok, Instagram and YouTube makes £1,223 a year, well above HMRC’s £1,000 ...