State pensioners can save £147,250 tax free with HMRC allowance

State pensioners with a savings account at 4% can use a little known HMRC tax allowance to save large amounts of money ...

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 ...

New HMRC tax band coming for 'one in four' workers under shake-up

IFS data shows that the number of income taxpayers would reach 42.1 million by 2030 - as more and more are thrust into a new ...

HMRC could pay £1,200 to bank accounts with bonus in Martin-Lewis backed scheme

HMRC confirms that bonuses are transferred straight to the saver's bank account rather than the Help to Save account. To help ...

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 ...

HMRC hits 130,000 ISA savers with £790 charge for breaking rules

In the 2024-2025 tax year, the average of all charges by HM Revenue and Customs (HMRC) was £789.75. The Lifetime ISA or LISA ...

HMRC explains 8-week rule for payments landing in bank accounts

If the request was received on October 14, adhering to the 8-week rule, this would mean the sum would land in the person's ...
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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 ...

HMRC letter landing on doormats which means UK households could be owed £473

BBC Morning Live star and personal finance expert Dan Whitworth spoke out about the HMRC repayment scheme on a recent episode ...

HMRC sending out new tax codes to people who have savings

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

Exactly what the letters and digits mean in your HMRC payslip tax code

HMRC works out each person's code based on their 'tax-free Personal Allowance and income you have not paid tax on' ...

New HMRC tax codes being send out to people with savings as it catches up with changes

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 ...