Martin Lewis's tax warning on fixed savings accounts
Martin Lewis explains the £1,000 savings interest allowance and warns HMRC may be taxing interest incorrectly. Learn how to check and challenge your tax code.
Martin Lewis explains the £1,000 savings interest allowance and warns HMRC may be taxing interest incorrectly. Learn how to check and challenge your tax code.
Money Saving Expert Martin Lewis warns anyone earning over £12,570 to check their tax code immediately, as millions are wrong each year. Avoid overpaying or a shock bill.
UK taxpayers risk £100 fines as HMRC's phone service automatically disconnects after 70 minutes. With the January 31 deadline approaching, experts warn it's 'pot luck' to get through. Read the full report.
Shocking dash-cam footage captures a vehicle travelling the wrong way down the A34 in Perry Barr, Birmingham, narrowly avoiding a major collision. Police contacted for comment.
HMRC issues urgent warning to state pension, Carer's Allowance, ESA and JSA recipients about potential tax errors. Experts advise checking tax codes now to avoid unexpected bills and late fines.
A public petition urges HMRC to raise the personal tax allowance to £15,597 and the higher-rate threshold to £62,379 to combat 'stealth tax' fiscal drag. The government must respond if it reaches 10,000 signatures.
Thousands of state pensioners will see £17 monthly deductions from their payments after new income-based Winter Fuel Payment rules. Find out who is affected and how the HMRC clawback works.
Self-employed and small businesses face soaring tax bills as double-cab pick-ups are reclassified as cars. Find out how this HMRC rule change impacts you.
HMRC warns of £900 maximum fines for missing the 31 January Self Assessment deadline. Nearly 340,000 have already paid via the app. File and pay now to avoid penalties.
HMRC clarifies why tax codes shift when changing employment. Check your payslip and use the online service to ensure you're not overpaying or underpaying tax.
UK households with savings over £3,500 could face surprise tax bills as HMRC tightens checks on bank interest. Learn your Personal Savings Allowance and how to prepare.
UK landlords earning over £50,000 must file quarterly digital tax summaries from April under HMRC's Making Tax Digital. Learn key deadlines and expert advice to avoid confusion.
HMRC has issued over 300,000 letters chasing tax bills of £100 or less, with critics calling the process a waste of time and money. Discover the impact of frozen tax thresholds.
HMRC announces a major crackdown on unpaid taxes, targeting individuals and companies. Learn about the new enforcement measures and the billions in revenue being pursued.
Millions of UK households will get a two-month council tax break in 2026 ahead of new property bands. Find out if you're eligible and how the new high-value surcharge will work.
A stark warning for UK motorists: putting the wrong fuel in your car is a common and costly error. Experts reveal the severe damage and repair bills, which can run into thousands.
Chancellor Rachel Reeves's tax changes for 2026 will impact millions. From frozen thresholds to new levies, discover the seven key ways your finances will be affected. Read the full analysis.
Shoppers are discovering a Tesco Express scheme where items marked 'CS' are free after 9:30pm. Learn how the initiative cuts food waste and benefits customers.
UK crypto investors face new rules as HMRC will receive automated data from exchanges from 2026 to tackle unpaid Capital Gains Tax. Learn how to comply.
HMRC clarifies tax rules for UK households selling unwanted Christmas presents online. Learn the £6,000 threshold and when you must declare income to avoid penalties.
Millions of newly self-employed face paying 150% of their tax bill upfront due to HMRC's 'payments on account' rule. Learn how it works and what you can do if you can't pay.
Chancellor Rachel Reeves faces criticism over frozen tax bands, a 'stealth tax' pulling thousands into higher rates. Learn how it impacts wages and pensions.
HMRC clarifies rules for UK expats and non-residents claiming tax refunds from abroad. Essential guidance on the correct postal address and required nominee details revealed.
HMRC warns UK crafters and side-hustlers to declare income over £1,000. Learn the rules for the 2024-25 tax year and avoid penalties. Register for self-assessment now.
Tax expert reveals how festive business decorations can be tax-deductible under HMRC's 'wholly and exclusively' rule. Learn how to claim correctly and keep proper records.
Shocking dashcam footage shows an elderly woman driving the wrong way on the M6 near Corley, Warwickshire. HGV drivers formed a blockade. Read the full story.
Over 25,000 back a petition for a new tax code, doubling the personal allowance for state pensioners to combat unfair taxation on small pensions. Will Parliament debate it?
From April 2026, sole traders earning over £50,000 must adopt HMRC's Making Tax Digital. Research reveals 70% are unprepared, risking compliance issues. Learn how to adapt.
UK households face fines of up to £900 for missing the 31 January self-assessment deadline. HMRC also warns of a rise in tax scams targeting filers.
HMRC clarifies strict tax rules for online sellers. Find out why losses on personal belongings cannot reduce your income tax bill and what the actual Capital Gains Tax rules are.