The number of pensioners paying tax is set to soar due to rising incomes, a retirement expert has warned. New State Pension ...

The latest HM Revenue and Customs (HMRC) data indicates that 8.7m pensioners are projected to pay income tax on their retirement income in 2025/26. It marks an increase of around 420,000 compared to ...

"HMRC will send a tax calculation letter and tell you if you have a tax overpayment or underpayment. Your bank or building ...

“If you’re employed or get a pension, HMRC will change your tax code so you pay the tax automatically. To decide your tax ...

Local authorities could require councils to pause council tax bills for three months under a Labour Party government shake-up ...

The Tax Policy Associates (TPA) has warned that over 600,000 people were fined £100 by HMRC between 2018 and 2023 ...

Low earners have been slapped with hefty HMRC fines, even though they don't owe any tax, under a crackdown from the taxman.

People in Lanarkshire with £3500 or more in savings are being warned they may face a surprise tax bill letter from HM Revenue and Customs in the coming weeks. HMRC is able to automatically identify ...

The Green Party, and some parts of the Labour Party, are lobbying for an annual wealth tax to provide funds to plug the ...

The daunting task of working out and paying inheritance tax must be done in the immediate and intense period of grief after a ...

Ahead of test cases in February 2026, Boox and Churchill Knight contractors have been selected for a pilot HMRC is already having to quietly apologise about.

In particular, you can withdraw up to 5pc of the original investment each year on a cumulative basis without tax applying ...