People with £3,500 or more in savings are being told they could face an unexpected tax bill letter from His Majesty’s Revenue and Customs (HMRC). HMRC is able to automatically detect interest ...

HMRC could send you a tax bill letter if you have £3,500 or more in your savings account. The personal savings allowance (PSA) lets most people earn up to £1,000 in interest without paying tax on it.

People with £3,500 or more in savings are being warned they could face an unexpected tax bill from His Majesty’s Revenue and Customs (HMRC). HMRC is able to automatically detect interest on ...

HMRC could send you a tax bill letter if you have £3,500 or more in your savings account. The personal savings allowance (PSA) lets most people earn up to £1,000 in interest without paying tax ...