Exactly what '1257L' means on your payslip - and other HMRC tax codes explained

This includes untaxed interest and part-time savings, plus the value of benefits like a company car. According to the ...

Exactly what the letters and digits mean in your HMRC payslip tax code

HMRC works out each person's code based on their 'tax-free Personal Allowance and income you have not paid tax on' ...

HMRC repays £48.5million in overpaid tax – how to check if YOU’RE due a refund

BRITS have received £48.5million back from HMRC after being overtaxed on their pension withdrawals. Over 13,700 claims worth ...

Why won't my building society take savings tax directly from my tax code anymore?

Yorkshire BS has not deducted any tax from my savings interest payments. It says it is now my responsibility to contact the ...

HMRC explains how to get tax refund if you have this type of bank account

HMRC then advised the person to write to the department with the details for their foreign bank. The taxpayer was informed ...
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Warning to people with over £3,500 in their bank account as HMRC sends out letters

Individuals with savings of £3,500 or more are being warned that they could receive an unexpected tax bill from HM Revenue and Customs ( HMRC). HMRC has the ability to automatically detect interest on ...

Households at risk of overpaying tax bills after confusing HMRC letters – check if you’re affected

SAVERS are being warned they could end up paying double tax bills because of confusing letters from HMRC. Experts are warning ...

HMRC explains 8-week rule for payments landing in bank accounts

If the request was received on October 14, adhering to the 8-week rule, this would mean the sum would land in the person's ...

HMRC gives tax enquiry helpline advice - 'mention these four words'

The person who contacted HMRC said that half of their allowance was stuck in their old job, despite them not receiving any income at the moment from this employment. HMRC first asked the person if ...

State pensioners being handed £3,815 after HMRC 'adjusts tax code'

State pensioners are being given £3,815 each with one HMRC claim. Retirees could get a huge £3,815 back from HMRC after some retirees have been temporarily shortchanged.

HMRC tells all UK households to act before Friday - and five million already have

HMRC is urging UK households up and down England to start financial conversations this Talk Money Week (3 to 7 November) ...