HMRC Set to Tax Over Two Million UK Households, Average Bill Hits £2,300 Friday, May 15, 2026 hmrc tax savings interest allowance personalallowance personalsavingsallowance taxbands ukfinance income HM Revenue & Customs (HMRC) is poised to charge over two million UK households an average of £2,300 in tax on their savings, according to recent data. A Freedom of Information request has revealed that the number of … Read More
UK Households with Savings Accounts Could Receive HMRC Tax Letters Friday, December 5, 2025 hmrc savings tax personalsavingsallowance interest income selfassessment finance accountancy uk UK households holding savings accounts with balances as low as £3,500 may soon receive tax-related letters from HM Revenue and Customs (HMRC), according to personal finance expert Grant Hamill of Companion Accountancy. HMRC … Read More