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Articles Tagged with "Hmrc"

Why HMRC’s plot to raid your bank account spells disaster

telegraph.co.uk • Politics • UK

MPs criticize HMRC's new powers to directly seize unpaid taxes from bank accounts, raising concerns about potential errors and an infringement on individual liberties.

HMRC Taxes Bank Accounts UK Politics Tax Debt

HMRC is overtaxing my pension and ignoring me – what can I do?

inews.co.uk • Finance • UK

A reader seeks help resolving a complex pension tax issue with HMRC, involving discrepancies in tax calculations and unanswered complaints.

pension Tax HMRC Retirement Taxation

You could face a nasty fine if you have more than £11,000 in savings: SYLVIA MORRIS reveals the urgent steps you must take | Daily Mail Online

dailymail.co.uk • Finance • UK

UK savers with over £11,000 in their accounts may face penalties if they haven't reported their interest income to HMRC.

Taxes Savings UK HMRC personal finance

HMRC issues 600,000 fines to people who owe no tax

telegraph.co.uk • Finance • UK

HM Revenue and Customs (HMRC) has incorrectly issued 600,000 penalties to low-income individuals who owed no tax, highlighting a system flaw impacting vulnerable taxpayers.