Personalsavingsallowance

Hmrc

HMRC Set to Tax Over Two Million UK Households, Average Bill Hits £2,300

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 people …

By Ryhs Tomlinson · Friday 15 May 2026 · 2 min read

Hmrc

UK Households with Savings Accounts Could Receive HMRC Tax Letters

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 …

By Ryhs Tomlinson · Friday 5 December 2025 · 2 min read