The new tax year may be well underway, but HMRC is still issuing new tax codes to individuals as it adjusts to changes in ...

People with cash ISAs may be better off shifting cash to stocks and shares ISAs, personal finance experts reckon. A Freedom of Information Act, or FOI, request made to HMRC by InvestEngine found the ...

The DWP has confirmed that the Winter Fuel allowance will be automatically repaid if a pensioner has an income of over 35,000 ...

Individuals with savings of £3,500 or more are being warned that they could receive an unexpected tax bill from HM Revenue ...

The tax office has been sending out new tax codes to people who have exceeded certain thresholds, such as the Personal Allowance for savings interest or one of the income tax brackets ...

The Labour Party Government has said: "They do not need to do anything - HMRC will be in touch." The majority of pensioners ...

The average of the 25 largest withdrawal charges paid by savers in the 2024-2025 tax year was £13,500, up from £10,600 the year before.

Those pensioners with an income of over £35,000 who have received the Winter Fuel Payment may need to pay it back ...

This includes untaxed interest and part-time savings, plus the value of benefits like a company car. According to the ...

HMRC imposes a shocking 62% tax rate on some pensioners, with nearly 80,000 pensioners expected to be affected in 2026, with ...

John Clamp, fellow of the Personal Finance Society and chartered financial planner at Bowmore Financial Planning, said: “Both ...