HMRC issues pension contribution warning over salary sacrifice
HMRC has clarified the regulations surrounding pension contributions in response to a public query. The tax body was asked over social media: "If salary sacrifice would take me below NMW [National ...
HMRC warning over pensions contributions as your employer 'must not do this'
Responding to the taxpayer, HMRC said: "A salary sacrifice arrangement must not reduce an employee’s cash earnings below the ...
HMRC savings interest tax rules - when you need to report it to the taxman
HM Revenue and Customs (HMRC) has strict rules on how much interest you can earn on your savings accounts before you need to ...
HMRC sends warning letters to UK households with side hustles
Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access information on a device and to provide personalised ads and content, ad and ...
HMRC urges parents to claim benefit that could be worth up to £1,331 annually
Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access information on a device and to provide personalised ads and content, ad and ...
HMRC urges people earning less than £80,000 a year to claim cash benefit
His Majesty’s Revenue and Customs (HMRC) is urging people earning less than £80,000 per year to claim a benefit worth up to £1,331 annually.
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HMRC Child Benefit warning ahead of April benefit increase
Benefits including Child Benefits, Universal Credit and Personal Independence Payments (PIP) will increase by 1.7 per cent next April, in line with inflation figures from September. Currently, Child ...
HMRC issues 'important' warning for millions born between 1981 and 1996
HMRC has issued a stark alert after it emerged millennials are not taking full advantage of Isa allowances, following CapitalRise data released this week.
HMRC message for workers and bosses over salary sacrifice rules
HMRC responded: "A salary sacrifice arrangement must not reduce an employee's cash earnings below the National Minimum Wage ...
HMRC issues warning to thousands of women who had babies in 1980s or 1990s
If you had a baby in the eighties or the nineties, then you could be missing out on valuable state pension payments, the Labour Party taxman has warned.
HMRC sends letters with new tax code to anyone with savings
Hundreds of thousands of savers could be hit with a surprise tax bill this spring as HMRC sends out P800 letters, which let ...
HMRC savings interest tax rules and when you need to report
Generally, your bank or building society that handles your savings account will tell HMRC how much interest you have received ...