BirminghamWorld on MSN11h
HMRC spotlight: The top tax investigations you need to know about (and how to be prepared)
In recent years, HMRC has focused more on investigating certain sectors and taxpayer groups. Knowing these priority areas can ...
HMRC could raise higher rate income tax threshold to £75,000
Experts are calling for the higher rate income tax threshold to be raised to £75,000 as fiscal drag continues to hit UK ...
People only just realising higher income £50,270 tax band doesn't cost you money
“But you still get £800 more! Tax is marginal, you always want to earn more, you always receive more if you earn more. You ...
AOL.co.uk14d
‘Tax on savers’ plan from Reeves could hit a million Scots – SNP
More than a million Scots could be hit by proposed changes to the tax-free allowance for cash Individual Savings Accounts (ISAs), the SNP has said. Branding the plans a “tax on savers”, the ...
TheSentinel15d
HMRC warning to anyone with over £3,501 in savings as letters sent out
This could push savers over the £500 limit, triggering a tax bill from HMRC. Higher earners face a 40% tax rate on every pound over £500, compared to the standard 20% rate. Exceeding the ...
Bristol Post16d
HMRC warning as mistake means thousands owed £3,389 each in overpaid tax
People are being urged to check to see if they are owed money by the HMRC after millions of pounds was overpaid in tax. Those over the age of 55 have been able to withdraw funds from their pension ...
Savers stashed extra £45bn in cash Isas last year as rumours of £4k annual limit swirl
Rumours have grown in recent weeks that the limit could be slashed from £20,000 to £4,000 for the cash Isa element, which ...
Crime17d
HMRC contacting workers with one of these 13 tax codes - all you need to know
HMRC is currently dispatching emails to workers, informing them of their tax codes for the upcoming financial year. The current tax year concludes on April 5, with the new one commencing the ...
Daily Post Wales18d
HMRC tax-free personal allowance increases to more than £14,000 for some couples
The tax-free Personal Allowance from HMRC is set to rise to £14,064 for ... For every £2 you earn over £100,000, you lose £1 of your tax-free Personal Allowance. If you claim Blind Person's ...
Bristol Post20d
HMRC sends urgent warning to state pensioners - check now or lose out forever
HMRC is urging individuals to see if they could ... including being within the deadline to make contributions for the tax year in which they have the gap, reports Birmingham Live.
This is Money21d
Tax expert warns sellers who use online marketplaces not to ignore new wave of HMRC nudge letters
HMRC has sent a fresh wave of 'nudge letters' in another crackdown on sellers who fail to declare money earned online. The tax office has reportedly sent retrospective nudge letters to people they ...
Nottingham Post22d
HMRC urges millions of workers to check their payslip in March amid tax changes
Countless workers across the nation have been prompted to scrutinise their March payslips due to impending tax code alterations. HM Revenue & Customs (HMRC) has pinpointed five principal reasons ...