On average, each worker received £943. Sarah Coles, personal finance analyst at Hargreaves Lansdown, said: "It’s a relatively ...

Thousands of people with savings accounts are set to be hit with a shock tax bill from HMRC after a delay on sending out ...

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

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 ...

Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...

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 ...

HMRC has the capability to automatically detect interest accrued in your bank account, and if your savings interest exceeds a certain limit, you'll be issued a notice for additional tax.

HM Revenue and Customs (HMRC) continue to face increasing costs and challenges as it presses on with becoming a fully digital tax authority, according to a National Audit Office (NAO) report.

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

HM Revenue and Customs (HMRC) has said some people may have £2,000 or more in a bank account that they don't know about. It ...