HMRC has announced it is directly taking money out of bank accounts with more than £5,000 in to recover unpaid debts. The tax ...

HMRC is poised to hit Lifetime ISA savers with penalties - as charges for early withdrawals have rocketed to more than £100m. Savers are facing substantial fees when making withdrawals outside of ...

MoneyMagpie Editor and financial expert Vicky Parry warns those with a side hustle to be aware of common tax mistakes ...

An HMRC spokesperson said: "Most people pay tax on time and in full - but it's right that we seek to recover tax from the ...

HM Revenue and Customs (HMRC) has had the power to take money from bank accounts since 2015, but paused the scheme during the ...

HMRC has been granted powers to take money from bank accounts which have more than £5,000 in them. It's part of a fightback ...

The state pension is set to overtake the personal allowance limit, the point at which someone starts paying income tax, in ...

HMRC has declared its intention to directly extract funds from bank accounts holding over £5,000 to recoup unpaid debts. The tax office is reinstating powers that were put on hold during the pandemic, ...

Savers face hefty charges outside first-home or retirement withdrawals under current Labour Party and HMRC rules.

The cut-off date for submitting your tax return is approaching within days. People who work for themselves or operate their ...

Tax inspectors have already started raiding the bank accounts of those who choose not to pay their bills, HM Revenue and ...

The Government said it would restart a programme this September 2025 which allows it to recover money owed directly from ...