HMRC warning for people 'who have earned up to £500'
954000 basic rate taxpayers will be forced to hand over cash to HMRC, AJ Bell has found, after a Freedom of Information Act (FOI) request.
20 Sep 05:29 · Birmingham Live
HMRC charging 100,000 people £750 each for 'withdrawing their own money'
In the 2023 to 2024 tax year, the number of savers being penalised rose by 30 per cent year-on-year from the previous financial year.
19 Sep 16:33 · Birmingham Live
People earning this salary will lose £500 to HMRC overnight
Frozen tax thresholds look set to cost UK households dearly - with savings rates rising across the country.
19 Sep 06:52 · Birmingham Live
DWP cuts payments for 123,000 households on Universal Credit and Housing Benefit
The number hit by the benefit cap has risen by 46,000
18 Sep 15:32 · Birmingham Live
Exempting Tips From Federal Income Tax Would Benefit Very Few Workers
TPC estimates that only 2 percent of households would receive a tax cut if gratuities were free from federal income tax.
19 Sep 00:00 · Forbes
HMRC issues warning for 2.07 million people who have a savings account
The rates, coupled with frozen thresholds imposed by the Conservative Party government, are likely to drag more savers into the tax net.
18 Sep 15:19 · Birmingham Live
HMRC issues warning for couples who have £1,000 sat in joint bank account
Analysis of HMRC data from AJ bell shows the number of basic-rate taxpayers being hit with the tax will near 1 million people, up from just half a million in 2022/23.
18 Sep 15:38 · Birmingham Live
Savings tax warning as shock HMRC bill arrive on millions of doorsteps
Over two million people will pay the tax this year
18 Sep 23:01 · PlymouthLive
last updated on 20 Sep 08:26