Finance ❯Personal Finance ❯Savings ❯Taxation

Personal Savings Allowance

HMRC Updates Tax Codes and Sends Letters to Savers as Bank-Reported Interest Triggers Bills

Automatic bank reports of interest are pushing more taxpayers over savings allowances.

State Pension to Exceed Tax Allowance in 2027 as Government Weighs Age and Triple Lock Reforms

Millions of UK Savers Warned of Unexpected Tax Bills as HMRC Increases Automated Alerts

Reeves Protects Working-Class Tax Rates While Leaving Wealth Levy on Table

HMRC Steps Up Letters to Savers as Frozen Allowance Pushes Many Into Tax Bills