PA asked Steve Webb to share his insight on HMRC's method of taxing pension freedoms withdrawals and what may change ...

HMRC is to scrap a costly tax error code that left millions of pensioners thousands of pounds worse off - and they can claim ...

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

If I file my tax return and pay the bill and it later turns out that the calculations or my tax code weren't correct, can I ...

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

According to data obtained through a Freedom of Information (FOI) request from the Sun, HMRC refunded £8.3 billion in ...

HMRC normally sends out P800 letters, which tell you if you have overpaid or underpaid tax, by the end of November - but some ...

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

According to Money Helper, each individual can take up to 25% of their pension completely tax-free from the age of 55.

I believe I am being asked to pay £1,300 in taxes on interest I can't yet access. Do I owe this money and what are the rules?

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

Savers with more than £3,500 tucked away could be hit with an unexpected tax bill from HMRC, experts have warned. The tax ...