Under HMRC guidance, you're entitled to a tax-free personal allowance. For those earning under £100,000 with no taxable perks ...

Savers with £3,500 or more are being alerted to the possibility of an unexpected tax demand from His Majesty's Revenue and ...

People with £3,500 or more in savings are being warned they could face an unexpected tax bill from His Majesty’s Revenue and ...

HMRC automatically knows how much interest you earn on your savings in bank accounts and if you owe additional tax ...

The Personal Savings Allowance means that you can only earn a certain amount in interest each year before being taxed on it ...

or by notifying HMRC via their personal tax account. HMRC will then check the position and make any adjustment to a person's tax coding or simple assessment. For expert advice on the matter ...

The Personal Savings Allowance allows basic-rate taxpayers to earn up to £1,000 in savings interest a year without paying tax ...

HUNDREDS of thousands of savers are set to be hit with a surprise tax bill this spring as HM Revenue & Customs (HMRC) is ...

However, HMRC has now extended this deadline until March 2025. This news comes to light following reports from The Sun ...

However, customers should also remain vigilant of fradusters taking advantage of the tax return period to steal personal information ... their online account or through the HMRC app.

Anyone who has a bank balance of £11,600 or more have been issued a warning from HMRC ... liable to a tax payment due to interest accrued on their accounts. Alice Haine, personal finance analyst ...

The tax authority has warned that as the self-assessment deadline nears, a number of scammers are attempting to exploit the ...