6 h. ago HMRC giving out new tax codes to Brits with savings in the bank

HMRC is sending letters to individuals containing new tax codes - with more money being taken back from their wages. Though just how much depends on your income.

Economics

62 h. ago The good news is, you’re owed a tax refund. The bad news? It’s a scam

170,000 fraudulent phone calls, texts and messages offering a refund, or threatening legal action over tax owed, were reported to HMRC up to July Tax calculations can be, well, taxing, so a message from HMRC saying that there’s been a mistake may not ring too many alarm bells. Some bring good news: you have overpaid and are owed a refund, but others claim you owe money. In both cases there’s an imminent deadline to act – sometimes with the threat of legal action, or penalties if you don’t.Scammers are taking advantage of people’s fears over bills to steal personal and banking information. Automated phone calls, and messages sent by text and email, typically tell you that you need to click on a link and log in to make a payment or claim a refund. Continue reading...

Economics

4 d. ago What you need to know about inheritance tax and the planned changes

A financial expert recommends speaking to an independent advisor about your money

Politics

4 d. ago HMRC alert as if you are on this tax code you may need to call this number

The tax authority issued an update after a question from a taxpayer

Events

6 d. ago Martin Lewis warns of urgent HMRC deadline as thousands risk missing tax refunds

Martin Lewis issues fresh warning as two urgent HMRC deadlines could affect thousands of families

Events

6 d. ago HMRC shares guidance over incorrect tax codes as 'you can do this online'

A worker was confused as they were seemingly on two different tax codes

Politics

7 d. ago Pensioners overcharged on pension withdrawals face refunds worth thousands

HMRC has started to refund thousands to pensioners who were overcharged tax, with some receiving over £100,000

Economics

8 d. ago HMRC giving payouts of up to £100,000 to people who have paid too much tax

You risk being charged emergency tax if HMRC treats your first pension withdrawal as if it will continue to be paid each month

Economics

8 d. ago Thousands of pensioners receive HMRC tax refunds of up to £106,900

Around 60,000 pension savers claimed HMRC refunds in the 2023/24 tax year.

Economics

8 d. ago OnlyFans stars who rake in millions of pounds are being probed by HMRC 'over tax concerns'

It is understood the tax authority in the UK has contacted OnlyFans to find out the earnings of their best paid stars. There is no suggestion any of the stars pictured are part of the probe.

Economics

8 d. ago I lost my house after HMRC sent me a surprise tax bill. This is the mistake lots of women are making

Ah, August. If you're self-employed, you'll very likely be putting any intrusive thoughts about not paying your July tax bill to the back of your mind.

Economics

8 d. ago Thousands of pensioners claim £10,000 each in overcharged tax

The HMRC figures reveal that about £1.4 billion has been refunded since 2015

Economics

1 week ago HMRC legal tax loophole people are urged to exploit as huge increase looms

An expert has warned that inheritance tax receipts are set to double over the next five years, reaching a staggering £14.3bn

Politics

1 week ago Hosting this bank holiday? You can save £80 on a case of top

SHOPPING: Bank holiday weekends are a great time to gather with friends and family - and that means wine should definitely be on the menu.  

Economics

1 week ago HMRC tightens control over pension tax relief claims by higher earners

Authority plans to ask more taxpayers for evidence to support their claims

Economics

1 week ago State pension tax alert as these claimants are just £600 away from HMRC bill

Payment rates for the state pension go up each April

Economics

1 week ago HMRC issues urgent money warning to millions of taxpayers across the UK

More than 47,000 reports of fake tax refund claims have been made to HMRC in the last year.

Economics

1 week ago 'Simba launches flash sale with £500 off my favourite mattress that keeps me cool'

As the proud owner of a Simba mattress, I think that they are worth every penny. Now shoppers can save 20% in a flash Bank Holiday sale but deals end on Monday

Economics

1 week ago You may be owed money from HMRC that thousands have not claimed

UK citizens can check their tax, benefits, and National Insurance details using the HMRC app

Politics

1 week ago Hosting this bank holiday weekend? Waitrose Cellar's 25% off wine deal is back

SHOPPING: The Waitrose mix-and-match offer enables you to save a whopping 25 per cent when you buy six or more bottle of wine and champagne over £6.

Economics