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

Government policy means rising state pensions are on track to collide with frozen income tax thresholds – leaving millions ...

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

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

Anyone who missed a crucial HMRC tax deadline last week could be in line for a £100 fine - unless they've got a good excuse.

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

Anyone who thinks they will be paying their tax bill late or are struggling to pay, is being urged to contact HMRC.

Married couples or those in a civil partnership can boost their tax-free income by £252 annually, and also they can backdate ...

This year's deadline is for the 2023-24 tax year, and HMRC warns that if you miss it, you could face an initial late filing ...

For example, if someone has a total annual income of £13,000, they will pay tax on £430 - which is the amount above the £12,570 threshold. Those affected would then have to pay HMRC 19 per cent of ...

Hargreaves Lansdown is breaking down the four "tax traps" on income which could hammer UK households with charges under the ...

The full New State Pension is set to rise in April, but this could push some pensioners above the threshold for paying tax ...