HMRC will be sending out tax bill letters to people who owe money on savings accounts. walesonline. Bookmark. Share; News. By. Alex Evans Deputy Audience Editor. Bethany Gavaghan Under 35s writer.

HM Revenue & Customs (HMRC) is to stop sending letters to taxpayers in a cost-cutting drive that will save £50m by the end of this Parliament.

A HMRC warning letter is being sent to thousands of people with £3,500 or more in savings (Image: John Lamb via Getty Images) Those with savings of £3,500 or more are being warned that they ...

HMRC is currently sending out letters to everyone who has a savings account and has earned more than £500 in interest over the last financial year. Comments. Money.

HMRC issued 1.32 million Simple Assessment notices in the 2023/24 tax year—a 74% rise from the previous year—largely due to frozen tax thresholds and increased pension income, which pushed ...

P800 letters (tax calculation letter) According to official guidance, P800s are sent out because you either owe tax or are due a refund. This can be for the following reasons: were put on the wrong ...

HMRC letters could be sent out to people with £3,500 or more in savings accounts. The taxman is able to automatically see interest on savings generated by your bank account and if you tip over a ...

Discrepancies in your tax payments could prompt HMRC to send you a letter that must not be ignored. Comments. News. Kieran Isgin Money & Lifestyle writer. 14:11, 15 Feb 2025.

HMRC has already been sending out letters to people who may be affected, to invite them to apply for HRP so it can be added to their record. The HRP scheme ran from 1986 to 2010, after which it ...

HMRC could send you a tax bill letter if you have as little as £3,500 in your savings account. By Alex Evans, Deputy Audience Editor. 22:55, Sat, Jun 7, 2025 | UPDATED: 22:56, Sat, Jun 7, 2025.

HMRC has lost £47 million after a phishing scam breached tens of thousands of tax accounts, a group of MPs has heard. Two senior civil servants at HM Revenue and Customs (HMRC) told the Treasury ...

HMRC boss John-Paul Marks has given an update. cambridgenews Load mobile navigation. News. Latest News; Cambridge News; ... Urgent HMRC letter being sent to 100,000 as 'accounts breached' ...