HMRC's bill looks like a scam, but it's impossible to check | Tax
I can’t find a way to sort out an overdue tax demand, for a sum I don’t think I owe, with a mystery telephone number
Source: theguardian.com
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Queue time for UK tax helplines now worse than in pandemic
Anger from MPs and experts after HM Revenue and Customs curbs phone advice until after January deadline
Glenn Collins Jim Harra Harriett Baldwin Kelly Sizer Incomes Tax Reform Group Association Of Chartered Certified Accountants
Source: theguardian.com
Why retiring early could be an expensive mistake
More than a quarter of a million people in their 50s and 60s have left the workforce since the beginning of the pandemic.
Source: dailymail.co.uk
HMRC taxes savings interest based on previous years despite rate fall
Basic rate taxpayers can earn up to £1,000 a year in interest tax-free Coupled with falling rates it means 95% of savers dont pay tax on their returns However a Cambridgeshire man was forced to pay an accountant £90 to settle a fight with HMRC after they said he earned interest of £3,262 not £1,905 Savers should be sure to contact the taxman if they owe any interest
Source: dailymail.co.uk