HMRC has explained how tax on pensions works after a taxpayer contacted the group as their tax code had suddenly changed. The person contacted the group over social media to say their code had ...

HM Revenue and Customs (HMRC) has issued a warning to UK residents with over £3,500 in savings who could face unexpected tax bills as the financial year draws to a close on April 5. The tax authority ...

From April 2025, state pension payments will increase by 4.1 per cent, marking the start of the 2025/2026 tax year. As a result, the full new state pension will be raised from £221.20 to £230.25 per ...