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.

Hundreds are being arrested as HMRC begins raids on UK addresses. HMRC and National Crime Agency are targeting stores ...

Chancellor Rachel Reeves will keep Labour’s manifesto pledge and will not raise income tax at this month’s Budget, suggest new reports.

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

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

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

WITH the Budget just weeks away, Brits are bracing for a hit to their finances as rumours swirl about a 2p hike to income tax ...

That's because – unlike Isas – savings account income above the personal savings allowance (PSA) is taxable. The threshold ...

The Government has confirmed the Winter Fuel Payment rules for pensioner in a couple who earn more than £35,000 a year. Nine ...

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

The clocks have gone back, the trees are shedding their leaves and pumpkins have been turned into ghoulish works of art. In the world of tax, it can only ...

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