HM Revenue and Customs
The latest news, updates and opinions on HM Revenue and Customs from the expert team here at MoneyWeek
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Tax receipts: Rachel Reeves 'should hand back the cash'Opinion Chancellor Rachel Reeves is cheering higher-than-expected tax receipts. But where has the money come from?
By Matthew Lynn Published
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'I've used my annual ISA allowance. How can I shield my savings from tax?'As millions face paying tax on savings interest, we explore how to protect your money from the taxman. If you've used up your ISA allowance, we look at the other tax-efficient options.
By Holly Thomas Last updated
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ISAs vs savings accounts: what’s the best home for your cash savings?Competitive savings interest rates can put savers at risk of being taxed on the interest earned. After changes to cash ISAs and the tax rate on savings interest were announced in the Autumn Budget, we compare the pros and cons of cash ISAs with other savings accounts.
By Jessica Sheldon Last updated
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What are money market funds?Money market funds, favoured by cautious investors, have soared in popularity lately. We explore how they work and how they can boost your savings
By Holly Thomas Published
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Two million taxpayers to be hit by £100k tax trap by 2026/27Frozen thresholds mean more people than ever are set to pay an effective income tax rate of 60% as their earnings increase beyond £100,000. We look at why, as well as how you can avoid being caught in the trap.
By Daniel Hilton Published
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Do you still have to file a tax return if you don’t owe any tax?Even if you do not owe the taxman any money, failure to complete and submit your tax return could result in a penalty costing you up to £1,600.
By Daniel Hilton Last updated
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13 tax changes in 2026 – which taxes are going up?As 2026 gets underway, we look at what lies ahead in terms of changes to tax rates and allowances this year and how it will affect you.
By Holly Thomas Published
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How to limit how much of your Christmas bonus goes to the taxmanIt's Christmas bonus season but the boosted pay packet may mean much of your hard-earned reward ends up with HMRC instead of in your pocket
By Marc Shoffman Published
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Over 1 million pay 45% rate of income tax as fiscal drag bitesHundreds of thousands more people are being pushed into the additional rate tax band by fiscal drag
By Sam Walker Published
