HMRC is overhauling the way pensioners are taxed after over 15,000 overpayment claims totalling £44 million, were processed ...

The latest official figures show that between January and March this year, HMRC processed over 15,000 tax refund claims to ...

Some UK households may receive letters from HMRC in the coming days as new tax codes are rolled out for the 2025/26 financial ...

These are emergency tax codes and examples given on the Labour Party government tax arm's website include 1257L W1 - used ...

Certain households may be contacted by HMRC in the coming days with new tax codes. The start of the new financial year means ...

K codes are a type of tax code that will result in more tax being collected out of your wages, via the PAYE system.

People with £3,500 or more in a savings account are being warned they could receive a tax bill letter from HMRC. HMRC can automatically detect interest on savings generated by your bank account. If ...

So 1257L basically means someone can earn £12,570 without being taxed (1,257 multiplied by 10). There are other tax codes for ...

HMRC has the ability to automatically detect interest on savings generated by your bank account. If you exceed a certain threshold, you will automatically be sent a notice of an additional tax bill.

HM Revenue and Customs (HMRC) has started issuing emails to people advising them to check their newly issued tax code for 2025/26. Your tax code is the number that tells your employer or your pension ...

HMRC is able to automatically detect interest on savings generated by your bank account and if you tip over a certain threshold, you will automatically be sent a notice of an extra tax bill ...