The upcoming state pension increase on April 7 could push more pensioners above the hated income tax threshold, resulting in ...

There are four rates for income tax, starting with the personal allowance, and then moving on to the basic rate, higher rate, ...

Savers have been reminded that they could get an unexpected bill from HM Revenue and Customs (HMRC) due to interest earned - ...

HMRC normally sends out P800 letters, which tell you if you have overpaid or underpaid tax, by the end of November - but some ...

HMRC automatically knows how much interest you earn on your savings in bank accounts and if you owe additional tax ...

Millions of taxpayers face paying more income tax due to frozen tax allowances. We explain how income tax is calculated.

One of the most significant factors affecting how much money you retain each year, and how much is claimed by HM Revenue and ...

The Scottish Government recently confirmed that income tax rates north of the border will be frozen until at least the end of ...

In India, the highest income tax rate is 30% for the top income bracket, with an additional surcharge of ... Individuals earning over £125K in the UK are subject to the highest rate of 45%.

The Chancellor's decision to include pensions in the calculation of IHT will mean grieving families could face hefty tax ...