Money

Most recent stories in Money

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  John Davis

  

  2 days ago

  Pension warning: Thousands drain retirement savings after £30,000 tax hit - but there are ways to avoid it

  gbnews.com - Temie Laleye

  Thousands of pension savers have been hit with big tax bills after withdrawing money from their pensions. Experts warn these significant tax hits …

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  John Davis

  

  Personal Allowance can be increased to £18,570 with HMRC saving tax loophole

  chroniclelive.co.uk - Alex Evans

  UK households are being encouraged to investigate if they could pocket up to £18,570 tax-free by exploiting a Personal Allowance loophole through …

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  John Davis

  

  Four simple ways to retire with a £100,000 pension pot

  inews.co.uk - Alice Guy

  Saving a £100,000 pension pot is a significant achievement – yet it may not last for decades in retirement. Although it’s close to the average pension …

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  John Davis

  

  HMRC to issue letters to people with more than £3,500 in savings this week

  chroniclelive.co.uk - Alex Evans

  Individuals with savings exceeding £3,500 are being warned of potential unexpected tax bills from His Majesty's Revenue and Customs (HMRC). HMRC has …

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  John Davis

  

  HMRC set to tax thousands of workers at 60 per cent in brutal blow

  birminghammail.co.uk - James Rodger

  HMRC is set to tax thousands of workers 60 per cent. More than half a million people are paying up to 60 per cent of the top chunk of their salary to …

• https://www.coventrytelegraph.net/news/cost-of-living/hmrc-warning-anyone-who-gifted-30984015?utm_source=flipboard&utm_content=topic%2Fukbusiness

  

  John Davis

  

  Coventry Live

  Feb 11