HMRC confirms that bonuses are transferred straight to the saver's bank account rather than the Help to Save account. To help demonstrate how this operates, HMRC provides an example: "You pay in £25 ...

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 tax bad.

Tax arm says members of the public who file their tax returns through Self Assessment only have 77 days left to do it.

HMRC has explained a restriction that applies when filling in the-self assessment form. There are several reasons you may need to fill in a self-assessment tax return, such as if you are self employed ...

The DWP has confirmed that the Winter Fuel allowance will be automatically repaid if a pensioner has an income of over 35,000 ...

John Clamp, fellow of the Personal Finance Society and chartered financial planner at Bowmore Financial Planning, said: “Both ...

HMRC's latest Winter Fuel Payment alert has been sounded. Pensioners told to repay if their earnings exceed a certain limit.

Savers hoping Chancellor Rachel Reeves will not increase income tax in the Autumn Budget may still find themselves paying more tax. There have been reports that Labour is considering a hike in income ...

Cases are now being reviewed after a growing number of complaints from people who briefly left the UK and returned to find ...

The update came after a taxpayer contacted the authority to ask how they could enter their bank details to be paid an income tax refund. Originally posting on October 8, they told HMRC: "I was told I ...

HM Revenue and Customs (HMRC) has shed light on the timeframes for tax refunds. A taxpayer reached out to the authority after being informed they were due a National Insurance refund, which was to be ...

In response, HMRC stated it had updated its processes to allow people a month to reply before payments were stopped. An HMRC spokesperson expressed regret for the error, stating: "We're very sorry to ...