A person scratching their head with piles of coins around them, representing HMRC's new rules about savings of over £3,500

Why you might hear from HMRC about your savings… and what to do next

HMRC is in the process of contacting nearly 900,000 people who hold more than £3,500 in their bank accounts. It’s part of a review into untaxed interest received on savings. If you receive a letter from HMRC, there’s no need to be alarmed. However, it’s important to understand why they’re reaching out, and what steps […]

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