HMRC sends surprise tax bill to people with savings accounts
Thousands of people with savings accounts are set to be hit with a shock tax bill from HMRC after a delay on sending out ...
HMRC could hike Personal Tax Allowance by £7,430 for UK households
The Labour Party is under pressure to hike the Personal Tax Allowance, as a Parliamentary website petition calls on the tax ...
Major update over HMRC raising Personal Tax Allowance to £20,000
An online petition has called on HMRC to make changes - and it has now breached a threshold which means the Labour Party MUST ...
Warrington Guardian5d
HMRC warning issued for anyone with a savings account
From January 2025, with HMRC is cracking down on non-payment of tax for side hustles, with online marketplaces including Vinted, eBay, Etsy and Air BnB are legally obliged to share sales data for ...
The Northern Echo7d
HMRC warning issued for anyone with a savings account
A personal finance expert shared an alert on TikTok calling on taxpayers to be careful. Michael Taylor warned on TikTok: "This is because interest rates have been high over recent years, which ...
Hosted on MSN12d
HMRC warns everyone with £3,500 in savings account to act now or face big bill
The Personal Allowance allows a basic rate taxpayer to earn up to £1,000 interest per year tax-free but this only applies if ...
HMRC sent tax demand for my fixed savings account - even though I won't be paid the interest until it matures
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?
Echo news5d
HMRC warning issued for anyone with a savings account
A personal finance expert shared an ... by putting money into a cash ISA (Individual Savings Account) and this means that any interest is tax-free and the ISA allowance is £20,000 every tax ...