HMRC is reaching out to Brits "for the first time in a decade" after their banks or building societies reported them to the tax authorities. In a letter to a national newspaper, a worried saver ...

Additional rate taxpayers get no PSA, she warned ... Rosie warned: "If you think you fall into any of these categories, contact HMRC or check your Personal Tax Account online to see what they ...

Additional rate taxpayers get no PSA, she warned ... "If you think you fall into any of these categories, contact HMRC or check your Personal Tax Account online to see what they have on record." ...

Nearly 900,000 savers across the UK could soon receive unexpected letters from HMRC warning them of a looming tax bill on their savings interest. While savings themselves aren’t taxed ...

HMRC will send a tax calculation letter and tell you if you have a tax overpayment or underpayment. If you have not received a letter by 31 March 2025, you must contact HMRC as soon as possible to ...

Nearly 900,000 savers across the UK could soon be receiving unexpected letters from HMRC warning them of a potential tax bill on their savings interest. While the savings themselves are not taxed, the ...

You may lose your PSA, she cautioned ... Rosie advised: "If you think you fall into any of these categories, contact HMRC or check your Personal Tax Account online to see what they have on ...

Unexpected tax bills are landing on savers with as little as £3,500 in the bank HMRC is cracking down on ... The Personal Savings Allowance (PSA) lets basic-rate taxpayers earn up to £1,000 ...

For the first time in over 10 years, thousands are receiving unexpected tax bills from HM Revenue and Customs (HMRC) as interest ... rate taxpayers receive no PSA at all. Many savers who are ...

Nearly 900,000 savers across the UK could soon be receiving unexpected letters from HMRC warning them of a potential tax bill on their savings interest. While the savings themselves are not taxed ...

For example, many of our members have reported needing to make repeated phone contact with HMRC to resolve or get updates on issues.” HMRC said Making Tax Digital is currently estimated to ...