In cases where a person has over-contributed to a Lifetime ISA, the provider "must contact HMRC". If an account holder wishes ...

Those on the additional rate receive no tax-free allowance and must pay tax on all their interest earnings. The pensioner who ...

HMRC has issued guidance around tax on interest earnings. The update came after a question from a pensioner over social media ...

HM Revenue and Customs (HMRC) will not tell you your National Insurance number over the phone or on webchat. You’ll be able ...

The expert said: "In that first year, if the savings provider is reporting to HMRC that you've earned interest, and HMRC is ...

You can presently deposit up to £20,000 annually into ISAs while maintaining their tax-free status on your savings growth.

IF you’d like a festive cash bonus, a simple check could see you claim back £3,539 from the taxman in time for Christmas.

If your letter says you will receive a cheque, you do not need to contact HMRC as you should receive the cheque automatically ...

If you go over your allowance, you pay tax on any interest over your allowance at your usual rate of income tax ...

Child Benefit claimants will receive an increase in cash support next year. Following the Autumn Budget announcement by ...

Child Benefit and Guardian's Allowance is set to increase by 3.8 per cent from April 2026, following the Autumn Budget ...

State pensioners may see a change in their tax code, HM Revenue and Customs (HMRC) has said. The tax department explained its ...