HMRC has urged taxpayers to keep their records in order or risk a 40 percent tax bill. A taxpayer reached out to HMRC to ask ...

Mr Lewis said: "Now we believe, we're struggling to find this, that many people are in that relatively niche circumstance, ...

The expert said: "In that first year, if the savings provider is reporting to HMRC that you've earned interest, and HMRC is ...

If your letter says you will receive a cheque, you do not need to contact HMRC as you should receive the cheque automatically ...

HMRC has warned taxpayers to make sure they don't get caught out and land themselves with a 40% tax bill. A taxpayer contacted HMRC to ask for guidance on tax-free gifting rules. The person enquired ...

HM Revenue and Customs (HMRC) has issued a new alert as many people receive letters to let them know they're owed a tax ...

HMRC repaid pension savers a total of £48,560,205 between July and September this year, with the average person getting back £3,539 in emergency tax ...

The government is facing pressure to hike the Personal Tax-Free Allowance to £20,000. The Labour Party government and HMRC's ...

Those reaching the official age of retirement - currently 66 but set to start rising to 67 between 2026 and 2028 ...

Bolton residents are being urged to file their tax Self Assessment before the deadline in January. HM Revenue and Customs (HMRC) is reminding taxpayers to complete their returns for the 2024/25 tax ...

MILLIONS of workers will be forced to hand over more of their hard-earned cash to the taxman in the coming years after Rachel ...

Any taxable interest earnings will face taxation aligned with your income tax bracket - 20 per cent for basic rate taxpayers ...