HMRC Sends Demand Letters to Savers With £3,500+ in Their Accounts

HMRC Sends Demand Letters to Savers With £3,500+ in Their Accounts

Thousands of UK savers are reporting that they have received unexpected demand letters from HM Revenue and Customs, warning them about possible tax owed on savings. The letters are causing concern, particularly among people who believed their modest savings were well below any threshold that could trigger tax action. The issue is not about having £3,500 … Read more