HM Revenue and Customs (HMRC) has started issuing emails to people advising them to check their newly issued tax code for 2026/27. Your tax code is the number that tells your employer or your pension ...
HMRC overcharged taxpayers £3.5 billion in income tax the latest data shows, with tax coding errors largely to blame. Accountants say it is “essential” people check their tax codes to avoid being hit ...
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Millions could be owed HMRC tax refund – act now
Almost six million workers could be owed a refund by HMRC after overpaying tax, new research suggests. And it’s entirely your responsibility to apply for it. New figures obtained through a Freedom of ...
The tax authority has issued a warning that up to one million Brits could be losing out on unclaimed tax rebates worth an average of £453 each. It has also come to light that hundreds of thousands are ...
However, the tax authority may have neglected to do so - in this case, you'll need to take action yourself. Usually, if ...
State pensioners exceeding £35,000 income will receive HMRC tax code letters as the new Winter Fuel Payment repayment system takes effect.
Issuing a warning over certain circumstances, HMRC issued a warning for retirees whose tax codes may have changed.
Under the current HMRC earnings rules, your tax-free Personal Allowance will be reduced by £1 for every £2 over £100,000 you earn. For example, if you earn £102,000, you will lose £1,000 of your ...
HMRC works out each person's code based on their 'tax-free Personal Allowance and income' they haven't paid tax on ...
Here's an explanation of how the HMRC will recover payments of up to £300 and who will be affected by the rule ...
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