The Labour Party is under pressure to hike the Personal Tax Allowance, as a Parliamentary website petition calls on the tax ...

An online petition has called on HMRC to make changes - and it has now breached a threshold which means the Labour Party MUST ...

Thousands of people with savings accounts are set to be hit with ... re a higher rate taxpayer to go over your Personal Allowance and owe HMRC tax, on a 5% savings account. When this happens ...

From January 2025, with HMRC is cracking down on non-payment of tax for side hustles, with online marketplaces including Vinted, eBay, Etsy and Air BnB are legally obliged to share sales data for ...

Alternatively, you can claim a refund through your personal tax account, on the HMRC app or by contacting HMRC. If you claim online, your refund can be expected in roughly five working days.

The Personal Allowance allows a basic rate taxpayer to earn up to £1,000 interest per year tax-free but this only applies if ...

A personal finance expert shared an alert on TikTok calling on taxpayers to be careful. Michael Taylor warned on TikTok: "This is because interest rates have been high over recent years, which ...

A personal finance expert shared an ... by putting money into a cash ISA (Individual Savings Account) and this means that any interest is tax-free and the ISA allowance is £20,000 every tax ...

I believe I am being asked to pay £1,300 in taxes on interest I can't yet access. Do I owe this money and what are the rules?