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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 society will tell HMRC how much interest you received at the end of the year.
“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 ...
Low earners have been slapped with hefty HMRC fines, even though they don't owe any tax, under a crackdown from the taxman.
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 ...
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MoneyWeek on MSNInheritance tax refunds: how to claim money back if asset prices fallFamilies make 18,000 reclaims for overpaid inheritance tax in three years, often due to a decline in property prices. We ...
The latest figures from the Department for Work and Pensions (DWP) show there are now 13 million people of State Pension age across the country. The current official age of retirement is 66 and set to ...
Better manage your tax affairs for HMRC. When you purchase through links on our site, we may earn an affiliate commission. Here’s how it works. We list the best in tax software for the UK, to ...
HMRC is urging parents to check out its Tax-Free Childcare scheme and sign up to unlock savings of up to £2,000 a year per child on approved childcare costs. (Image: Getty Images/iStockphoto) ...
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