Since pension freedoms launched in 2015, over-55s have been able to dip into their pension pots whenever they like — but many have ended up paying too much tax because HMRC assumes they’ll be ...

It does not necessarily reflect the view of The Herald. HMRC is urging working families sending their child to school or nursery for the first time in September to sign up for a scheme that gives ...

A family attraction on the edge of Hampshire has unveiled its first logo redesign since 1968 ... "Our updated identity perfectly aligns with Birdworld's values: family comes first, fun is for everyone ...

It does not necessarily reflect the view of The Herald. HMRC is becoming more expensive and less trusted, a committee of MPs has warned. In a report published on Wednesday, the Commons Public ...

MPs have criticised HM Revenue and Customs (HMRC) for splurging £100m on senior staff while cutting back on helpline workers. The tax office’s soaring salary bill comes as call wait times ...

From January to March 2025, HMRC processed more than 15,000 such tax refund claims, with each payout amounting to about £2,800. Tom Selby, AJ Bell's director of public policy, criticised HMRC's ...

Since reforms were introduced in 2015, retirement savers who make an initial withdrawal from a "defined contribution" pension pot are taxed by HMRC. However, instead of the normal income tax rate ...

It does not necessarily reflect the view of The Herald. HMRC has announced that sole traders and landlords with an income over £50,000 will be required to use Making Tax Digital (MTD) for Income ...

But some people that now qualified had already opted out of the scheme. A year on from the change, HMRC took to X specifically calling out parents who might now be eligible and not know ...

A significant HMRC error has prevented thousands of Brits from enhancing their state pension ahead of a 'critical' deadline. Over the past few months, workers ...

HM Revenue and Customs (HMRC) has recently revealed that nearly 400,000 letters (specifically 370,018) have been sent out to older people, mainly women. These letters encourage the recipients to ...

More than half a million more people are in line for a savings boost, HM Revenue and Customs (HMRC) has announced today. The Help to Save scheme, which was launched in 2018, is now open to anyone ...