The Finance Bill, which was approved in February, scraps the lifetime allowance, which makes the first £1,073,100 in pension savings entirely tax-free. Daily Express :: Finance Feed
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HMRC clarifies ISA allowance rules for saver with multiple accounts
People can deposit up to £20,000 a year into ISAs under the current rules. Daily Express :: Finance Feed
Read More »Man stuck on wrong tax code for nine months can’t get through on phoneline – HMRC responds
The man reportedly tried to get through on the phones several times but kept getting cut off. Daily Express :: Finance Feed
Read More »Universal Credit helpline wait times are 15 times faster than HMRC
Universal Credit callers receive a response 15 times quicker from the Government’s benefit helpline than taxpayers do from HM Revenue and Customs . Daily Express :: News Feed
Read More »Millionaire Rishi Sunak escapes £300m inheritance tax bill – while HMRC targets you and me
Half of Britons now fear their family will have to pay inheritance tax as HMRC cracks down, yet most multimillionaires have nothing to worry about, including Prime Minister Rishi Sunak. Daily Express :: Finance Feed
Read More »HMRC urges hundreds of thousands of Britons to claim lost savings worth £2,000
HMRC said almost 430,000 people could still be yet to claim their savings. Daily Express :: Finance Feed
Read More »HMRC urges parents to make ‘quick’ check to claim up to £4,000 support
Parents are being “urged” to check if they can save some money on their bills. Daily Express :: Finance Feed
Read More »HMRC will keep forcing pensioners to pay tax that they don’t even owe
HM Revenue & Customs is repeatedly forcing pensioners to pay tax they do not even owe and there seems to be no end in sight. Daily Express :: Finance Feed
Read More »HMRC has a VIP phone line that answers calls in a few minutes – but only for this group
Most Britons are left waiting more than 20 minutes to be answered on HMRC helplines while VIP callers wait just over two minutes. Daily Express :: Finance Feed
Read More »IHT expert issues warning as HMRC punishes inheritance tax errors with ‘harsh penalties’
The nation’s inheritance tax bills are set to hit a record high this financial year, but that isn’t enough for HM Revenue & Customs. It’s keen to drive receipts even higher, and tax filing errors could cost taxpayers dear. Daily Express :: Finance Feed
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