Pensioners' fears over income tax burden
Charities report heightened concern among pensioners who fear being dragged into paying income tax.
Source: yahoo.com
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Tax warning for pensioners but HMRC insists there's 'no need to worry'
The problem is linked to a failure to raise the thresholds at which tax is paid in line with increases in income, including pensions.
Source: express.co.uk
HMRC warning as Brits owed £689 due to major tax error - are you due money back?
New research from Canada Life found that almost one third of UK adults who have checked their tax code were on the wrong one - with around 6% being on the wrong one in the last year
Source: mirror.co.uk
HMRC tax warning over £689 overpayments - what you need to check to pay right amount | Personal Finance | Finance
There is a time limit to claim any overpaid tax from HMRC, so people are urged to act fast.
Source: express.co.uk
Paying tax on your savings? Make sure you check HMRC's sums
As interest rates have risen, millions of savers now need to consider whether they might have tax to pay on their savings income. In many cases, HM Revenue and Customs will do the sums required, but it is not a perfect system and savers would be wise to check their position to avoid the risk of penalties.
Source: yahoo.com