HMRC sends letters to workers with new tax codes all year round - with more money being taken back from your wages in future.
The update came after a taxpayer contacted the authority to ask how they could enter their bank details to be paid an income ...
HMRC then advised the person to write to the department with the details for their foreign bank. The taxpayer was informed ...
HMRC has shed light on its rules for issuing tax refunds, including some key dates for receiving funds. The information came ...
The DWP has confirmed that the Winter Fuel allowance will be automatically repaid if a pensioner has an income of over 35,000 ...
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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 ...
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.
The new tax year may be well underway, but HMRC is still issuing new tax codes to individuals as it adjusts to changes in ...
The Labour Party Government has said: "They do not need to do anything - HMRC will be in touch." The majority of pensioners ...
Those pensioners with an income of over £35,000 who have received the Winter Fuel Payment may need to pay it back ...
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 ...
This includes untaxed interest and part-time savings, plus the value of benefits like a company car. According to the ...
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