News

HMRC said: "Winter Fuel Payments will be paid automatically without a claim, and any charges will be collected via PAYE, or via self-assessment for those with other income to declare." ...
But, many people are paying too much tax - as we go into the HMRC tax year 2025 - 2026 it's worth making sure you aren't one of them - and if so, look at how to get a rebate.
The most common HMRC tax code is 1257L, which is based on the Personal Tax Allowance of £12,570 - this is the amount you can earn before you need to pay tax.
Following the announcement that pensioners who receive under £35,000 a year will now receive winter fuel allowance, HMRC has confirmed it will take back the money from those with incomes above £35,000 ...
In response, HMRC stated: "Winter Fuel Payments will be paid automatically without a claim, and any charges will be collected via PAYE, or via self-assessment for those with other income to declare.
A P60 shows the amount of tax you’ve paid on your salary in the previous tax year (6 April 2024 to 5 April 2025). If the final tax code is wrong, it won’t correct itself automatically. The ...
Employees are being urged to check their P60 and see if they are owed thousands. One missing letter in your tax code could see you massively overtaxed. A P60 shows the amount of tax you’ve paid ...