I think I earned more interest than the tax free £1000 allowance in 22/23 & 23/24 but have yet to receive any calculation/assessment of tax owed from HMRC. They say the banks will report the... ...
Got a letter from HMRC saying I didnt pay enough tax - £50 to be precise - so they drop my tax code for next year by £264. Is that correct - thought it was a bit steep
Hi, I'm 55 in a couple of weeks and I'm withdrawing the full amount from a small pension pot. I've got 25% tax free and the rest is being deducted emergency tax at 45%. How do I claim the overpaid... ...
My friend travelling in Turkey inadvertently deleted her revolut app and now can't get it back. The app store only offers a student version or a business version. Anybody any ideas?
I own the flat I live in and a house I rent out. In order to protect my assets should I need care in the future would it be worthwhile to set up a trust or would my assets not be considered... ...
Can anyone explain equalisation? If I buy an accumulating tracker fund for £100 and sell it for £110, the end-of-year tax voucher might say: Interest £1, Equalisation £4. How much counts towards... ...
I'm going to get my state pension in 2026 which will be a bit more than £11,500 per year. The tax allowance is approx a thousand pounds more than that. Just want to make sure this is right: If I... ...
It was a tradition in Derbyshire - probably elsewhere, too - when I was born for silver to be put in a baby's pram. My parents collected the money and bought premium bonds with it. However, when... ...
How are the executors of an estate expected to identify gifts over the previous seven years? Do they literally have to trawl through bank statements? With the modern paperless world, there might... ...
I have heard that some banks are now offering up to 7% so for each £1000 that would be £70 over the year or £5.83 per month but would that mean for 1st month interest is calculated on £1000 2nd... ...
There are some interesting stats in the article which I reproduce (with my italics) here. It shows the decline in cash usage (claiming it is customer driven, but I have some doubts - perhaps... ...
A woman I know will be sixty six next year. She has paid hardly any national insurance stamps. Worked abroad etc. Will she be entitled to pension credits, or any money whatsoever?
In order for her to use her tax free allowance and so I don't go above my tax free allowance. In other words split the draw down between me and my wife....
I wont beat around the bush!! Can the insurance company who are managing my company pension refuse to pay me what is rightfully mine ? I'm 64 now. Anyway I thought I'd get in touch with them to see...
Mrs JtH has received notification that she has a small pension from a company she worked with 25 years ago. It is in the sum of £1,306.52. She has also been given a lump sum figure tax-free. Can any...
Is it cheaper to heat the water for my home in the summer, for one hour, by switching on the water tank (electrically) or by having the gas central heating on and the thermostat so low that only the...