Tag: HMRC news
Brits over-charged £44 million by the taxman on pension withdrawals
Flaws in the tax regime saw people taking money out of the pension pots overcharged by £44 million between July and September, according...
HMRC issues urgent update for millions of UK taxpayers as crucial...
HM Revenue and Customs (HMRC) is urging the millions who need to file a self-assessment for the 2023/24 tax year to use its...
HMRC issues alert on app offering benefit payments 'within a week'
Myrtle Lloyd, HMRC’s director general for customer services, commented: “With more babies set to be born on September 26 than any other day,...
HMRC issues new warning to 671,000 people to cash in ‘unclaimed’...
HMRC is urging hundreds of thousands of 18 to 22-year-olds to cash in their Government savings pot, worth an average of £2,212.Child Trust...
HMRC issue new message about employers putting staff in wrong tax...
HMRC has clarified the rules around tax codes after a query from a taxpayer.An individual contacted the authority over X to ask: "Is...
Tax code check urged as common error could mean you needlessly...
Britons have been urged to check their tax code is correct as a common occurrence could result in an extra HMRC bill for...
HMRC warning to anyone earning £17,570 or more
Britons earning £17,570 or more should be aware of important tax implications for their savings.Most people can earn some interest from their savings...
HMRC debunks five common tax 'myths' you need to know to...
Amongst a complex tax landscape and a growing number of self-employed folk, there are plenty of myths about Self Assessment tax returns and...
HMRC two-day warning to 978,000 Britons to claim this benefit or...
Parents have just two days to tell HM Revenue and Customs (HMRC) their 16-19 year-old is continuing education or training or their Child...
HMRC issues urgent two-week warning or households risk losing benefit payments
Parents have less than two weeks to tell HM Revenue and Customs (HMRC) their 16-19 year-old is continuing education or training, or their...