HMRC Targets 144,000 Savers with £5,000+ Tax Demands on Savings Interest Monday, June 15, 2026 hmrc tax savings interest cashisa treasury investment finance taxation savers HM Revenue & Customs (HMRC) is intensifying its efforts to collect tax from savers, sending £5,000-plus tax demand letters to 144,000 individuals. According to data obtained through a Freedom of Information request, the … Read More
£5,000 HMRC Charge to Impact 144,000 Savers by 2026 Saturday, June 13, 2026 hmrc tax savings interest paragon savers finance isa accounts balance A recent Freedom of Information request by Paragon Bank reveals a sharp rise in the number of savers expected to pay £5,000 or more in income tax on their savings interest. HMRC forecasts that 144,000 people will owe at least … Read More
NS&I Announces Premium Bonds Prize Fund Increase Starting July 1 Tuesday, June 2, 2026 ns&i premiumbonds prizefund interestrates savings bonds finance savers inflation uk NS&I has confirmed an important update for all 24 million Premium Bonds holders, effective from July 1, 2026. The prize fund rate for Premium Bonds will increase to 3.80%, signaling more attractive prize opportunities for … Read More
Major Bank Unveils 4.5% Cash ISA for New Tax Year with Up to £400 Bonus Saturday, April 18, 2026 isa savings cashisa santander interestrates taxyear bonuses fixedrate finance savers As the new tax year kicks off, Santander has launched an enticing range of ISAs offering a competitive 4.5% interest rate, giving savers an excellent opportunity to grow their money tax-free. For the 2026/27 tax year, … Read More
Halifax Urges Customers to Maximise ISA Allowance Before April 5 Deadline Saturday, April 4, 2026 halifax isa savings taxyear cashback investing banking finance savers deadline Halifax has issued an urgent reminder to customers to maximise their Individual Savings Account (ISA) allowances before the end of the current tax year at 11:59 pm on April 5, 2026. By acting before the deadline, savers could … Read More
HMRC to Send Tax Demand Letters to 2.7 Million UK Savers Thursday, March 12, 2026 hmrc tax uksavings finance savers pensions treasury isas inflation taxation HM Revenue & Customs (HMRC) is preparing to issue tax demand letters to nearly 2.7 million UK savers, signaling a significant increase in taxes on savings next year. According to Treasury forecasts, this move will … Read More