accountingweb.co.uk5d
Rebuke for HMRC despite appeal being struck out
The first tier tribunal (FTT) has struck out a case concerning top slicing relief, on the basis that it had no jurisdiction ...
Victory for pensioners in £1.4 billion HMRC tax overpayments scandal
As many as 470,000 people have lost vital income totalling £1.37 billion, which then had to be reclaimed, because of flaws in the HMRC tax collection system.
HMRC in £1.4bn pension 'scandal' as 470,000 people have been overcharged tax
Over 470,000 people have been overcharged tax on their pensions, with the HMRC now pledging to move much more quickly to replace these emergency tax codes with regular ones ...
This is Money20d
HMRC will end 'over-taxation trap' for savers making pension withdrawals
This means they'll avoid an overpayment or underpayment at the ... HMRC and once a tax code has been changed we'll inform customers by letter or digitally if they've signed up for paperless ...
GB News on MSN20d
'Victory' for pensioners as HMRC overhaul to save older Britons from 'overpaying tax' - what you need to know
This latest move from HMRC is designed to help pensioners avoid both overpayments and underpayments of tax, eliminating the need for adjustments at the end of the tax year. Customers will not need to ...
Yes, there are people who charge you to find money the government owes you
So yes, heir finders are allowed to charge a fee for finding unclaimed property on behalf of individuals. Using these ...
Hosted on MSN19d
Pensioners victorious in £1.4 billion HMRC tax overpayments scandal
"There is no need to contact HMRC and once a tax code has been changed, we'll inform customers by letter or digitally ... financial and emotional stress of overpayment." Tom Selby, director ...
The Daily Telegraph20d
HMRC to close pensioner tax trap
The tax authority has confirmed that it will automatically correct these codes from April to prevent future overpayments ... changed we’ll inform customers by letter or digitally if they ...
MoneyWeek21d
HMRC vows to tackle overtaxed pension scandal as pensioners reclaim millions
This new system should mean that far more people are quickly moved on to the correct tax code and no longer end up with an overpayment ... we’ll inform customers by letter or digitally if ...
HMRC forced to act as tax loophole affecting 11 million state pensioners closed
According to Money Helper, each individual can take up to 25% of their pension completely tax-free from the age of 55. However, withdrawing more than this could result in tax bills, which is what the ...
13 million state pensioners handed 'good news' after HMRC rule scrapped
State pensioners have been handed "some good news" from HMRC after a system which over-taxed pensioners to the tune of £1.3 billion since 2015 was axed.
Millions yet to file tax returns as deadline looms
Millions of people still have not filed their online self-assessment tax returns for which the deadline is midnight, meaning ...