The Personal Allowance allows a basic rate taxpayer to earn up to £1,000 interest per year tax-free but this only applies if ...

If you suspect you've paid an incorrect amount of tax but don't receive a tax calculation or Simple Assessment letter by the ...

The tax authority has issued a warning to Brits, stating they have just two months left to check and fill any gaps in their ...

HMRC has shared an important warning to anyone with over £3500 stashed in the bank, as they could be hit with an unexpected ...

Mike Ashley has called on the Chancellor Rachel Reeves to hold HMRC “to account” after the Sports Direct tycoon won a victory ...

People with £3,500 or more in savings are being warned they could face an unexpected tax bill from His Majesty’s Revenue and ...

I believe I am being asked to pay £1,300 in taxes on interest I can't yet access. Do I owe this money and what are the rules?

UK savers have been urged to check HMRC rules, as a ‘significant’ portion will soon face tax bills due to rising interest ...

Under HMRC guidance, you're entitled to a tax-free personal allowance. For those earning under £100,000 with no taxable perks ...

HMRC can automatically identify interest earned on savings in bank accounts, and if it exceeds a specified limit, it will issue a notice for additional tax. The Personal Allowance allows a basic ...

With the end of the tax year approaching, people who are employed or receiving a pension may find themselves on the receiving ...

The Personal Savings Allowance allows basic-rate taxpayers to earn up to £1,000 in savings interest a year without paying tax ...