Those with savings of £3,500 or more are being warned that they could receive an unexpected tax bill from His Majesty's Revenue and Customs (HMRC). HMRC has the ability to automatically detect ...

HMRC is warning people with £3,500 or more in their savings account that they could face an unexpected tax bill. The government department is sending out notices of extra tax bills to those who ...

People could face an unexpected tax bill from HM Revenue and Customs (HMRC) if they go over certain limits. HMRC is able to automatically detect interest on savings generated by your bank account ...

It's been some three months since the deadline for self assessment tax returns, and HM Revenue and Customs (HMRC) are now charging people who have yet to settle theirs an extra £10 a day fee.

Those late in settling with HM Revenue and Customs (HMRC) will now face a daily charge of £10 until full payment is made. TotallyMoney CEO Alastair Douglas said: "Although the deadline was back ...

HMRC has issued a new warning to millions of young people who could be missing out on £2,200 which is being held in a forgotten bank account. Child Trust Funds are a type of long-term tax-free ...

HMRC has "toughened" its stance with UK households who are considered "wealthy" set to be hit with £5 billion worth of fines from the taxman. The tax office raked in an extra £5.2bn last year as ...

HMRC has issued a warning to parents of teenagers as they could see their Child Benefit payments stop if they don't act soon. Those claiming the benefit - and have a child aged 16 years who is ...

The HMRC has been sending out letters to people who could potentially be owed money if they had children between 1978 and 2010. Officials have admitted that due to the deletion of tax records they ...

HMRC is poised to initiate dawn raids, with up to 12 properties a week potentially at risk. The Labour Party government's tax arm has seen a surge in "dawn raids" to nearly 650, according to data ...

His Majesty's Revenue and Customs (HMRC) is warning individuals with savings of £3,500 or more that they could be hit with an unexpected tax bill. The tax authority has the ability to ...