The tax arm of the new Labour Party government has issued an update via Twitter, now X, to a concerned taxpayer who asked a ...

Thousands of people with savings accounts are set to be hit with a shock tax bill from HMRC after a delay on sending out ...

Savers have been warned they could be hit with a surprise tax bill this spring because HMRC normally sends out P800 letters, ...

The taxpayer contacted the organisation over X saying there were a pensioner with a pension providing an income of £12,647 as ...

An online petition has called on HMRC to make changes - and it has now breached a threshold which means the Labour Party MUST ...

HMRC has shared an important warning to anyone with over £3500 stashed in the bank, as they could be hit with an unexpected ...

The late payment rate is anticipated to drop from 7.25% to 7%, while the repayment rate will likely fall from 4% to 3.75%.

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 ...

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

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

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?