Income Tax usually applies to taxable income which is greater than a person’s tax-free Personal Allowance. In the 2019 to 2020 tax year, the standard allowance is £12,500. However, there are a number ...

Income Tax is usually required to be paid in the UK on taxable income above their Personal Allowance. A tax code is used in order to help an employer or pension provider to work out how much Income ...

Tax codes are a hot topic at the moment and most workers across the UK take it for granted that they are on the right one and paying the right amount of tax, but are they? A tax code is used by an ...

Tax codes are a hot topic at the moment as HM Revenue and Customs (HMRC) has now emailed or posted notifications of changes to tax codes for the 2022/23 tax year to an estimated 12 million people ...

MARTIN Lewis is warning workers to check their tax codes by April 5 – or you could miss out on thousands of pounds. The new tax year starts on April 6 – and it’s up to you to check that yours is ...

A warning has been issued over HMRC letters being sent to "everyone" who has savings. On Reddit, one poster took to the Personal Finance sub, where they wrote: "“Why has my tax code changed from 1250L ...

This article is brought to you by our exclusive subscriber partnership with our sister title USA Today, and has been written by our American colleagues. It does not necessarily reflect the view of The ...

The new tax year might be nearly halfway through by now, but HMRC continues to dispatch fresh tax codes to individuals as it works through altered personal circumstances linked to your National ...

The new tax year may be well underway, but HMRC continues to issue new tax codes as it adjusts to changes in personal circumstances related to your National Insurance number or interest earned from ...

With only a few weeks remaining before the dawn of a new tax year, HM Revenue and Customs (HMRC) is gearing up to modify the tax codes for potentially thousands or even millions of employees. Starting ...

HMRC will change some pensioners' tax codes to take back their Winter Fuel Allowance. Following the announcement that pensioners who receive under £35,000 a year will now receive winter fuel allowance ...

MARTIN Lewis is warning millions of workers to check their tax codes before April – as they could be missing out on thousands. HMRC is currently sending out codes for the new tax year that starts on ...