The taxman can 'automatically detect' interest on savings and will know of anyone who have exceeded their allowance ...
You could be on the wrong tax code if HMRC has the wrong information about your income or if your job changes - here are more details ...
The government department is in the process of issuing both tax calculation letters (P800 ... were put on the wrong tax code, for example because HMRC had the wrong information about your income ...
HMRC has issued a warning to hundreds of thousands of households receiving letters in the post. As the financial year ends, HMRC sends letters to taxpayers if their tax payments don't align with ...
Experts are warning that savers with £3,500 or more may face an unexpected tax bill from HMRC. HMRC can automatically detect ...
A survey by financial services company Canada Life last year revealed that 31% of adults have been on the wrong tax code, and claimed back £689 on average ...
MoneySavingExpert.com also has a free tax code calculator that you can use to get a rough idea about whether yours is correct. If it looks like you've paid too much tax, then you can claim it back by ...
Experts are warning that savers with £3,500 or more may face an unexpected tax ... example, three years) it tends to mean you can get a decent interest rate. However, many fixed accounts don't ...