According to Money Helper, each individual can take up to 25% of their pension completely tax-free from the age of 55.
HM Revenue & Customs (HMRC) will earn an additional £500 million annually by increasing interest payments on late tax.
Use precise geolocation data and actively scan device characteristics for identification. This is done to store and access ...
Civil servants at the tax office are being given the equivalent of one day a week off to promote “gender ideology”, The ...
Bogus texts are expected to surge over the coming days ahead of the self-assessment tax deadline on January 31 ...
HMRC is set to recruit 5,000 more tax inspectors to target £6.5 billion of unpaid or late tax from small businesses and ...
HMRC has denied running a "deliberately poor" phone service in an attempt to push taxpayers to seek help online instead. Nearly 44,000 customers were cut off without warning after being on hold for ...
HM Revenue and Customs (HMRC) has been accused by a public spending watchdog of degrading its own services “as a matter of policy” and damaging public confidence in the tax system. Concerns ...
Some 3.4 million people have around a week left to file their tax return or face potential penalties. HM Revenue & Customs (HMRC) is reminding people to file on time or risk missing the January 31 ...
HMRC is to end the 'scandalous' practice of overtaxing pension withdrawals and forcing savers to claim refunds. It has bowed to pressure after pensioners had to reclaim £1.3billion of their own ...
Last week, HMRC said there were still 5.4million people who had yet to file their self-assessment tax return - despite some 4,400 filing their tax return on Christmas Day. This is Money reveals ...
HMRC will overhaul the pension tax code system from April to ensure retirees aren't overcharged when making withdrawals. Since the introduction of pension freedoms in 2015, individuals can withdraw ...