Worse, the rising number of homebuyers, who have been priced out, lose the bonusanda chunk of their own savings if they withdraw cash before age 60. HMRC statistics showjust over £47mnwas forfeited by young savers last year. Recommended UK tax HMRC faces rising demand as more savers are...
If it sounds too good to be true, that’s because it is. Fake HMRC emails are a common form of phishing, a cybercrime technique that uses deception to trick people into giving away personal and financial information, or to click links that infect their devices with malware (malicious softwar...
If you think your tax code is wrong you should contact HMRC who will issue your employer with a revised tax code as required. You can ring them on 0300 200 3300 or go online. 8. Ditch unused streaming services One in five people (21%) are paying for subscriptions they no longer use...
anti-abuse rule (GAAR) that outlawed unreasonable tax planning. It made clear that tax planners could no longer rely on their favourite legal dictum — a 1929 judgment that said nobody had any obligation to arrange their affairs so HMRC could “put the largest possible shovel into his store...
If you don't receive a P800 but believe you've overpaid your taxes, contact HMRC and tell them why you think you've paid too much in taxes. If they agree, they'll send you a check within 5 weeks. 4 Claim your refund online. You may be able to claim your refund online through th...