HMRC sending out new tax codes to people with savings

HMRC sends letters to workers with new tax codes all year round - with more money being taken back from your wages in future.

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' ...

HMRC pays out nearly £50m in tax refunds - check if you’re owed money

More than 13,700 savers submitted reclaim forms over the three-month period, recovering an average of £3,539 each.
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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 and Customs ( HMRC). HMRC has the ability to automatically detect interest on ...
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HMRC letters go out as MTD for Income Tax draws near

Sole traders and landlords who filed their 2024/25 Self Assessment tax return by the end of August 2025 will receive a letter ...

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 warns UK households to 'know how much you need to pay' ahead of fines

HMRC has warned UK households to "know how much tax you need to pay" or face a £100 penalty as the deadline looms. HMRC has ...

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 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 ...