HMRC 'demand' letters being sent to people with more than £3,500 in savings

Warning to anyone with more than £3,500 in savings as HMRC issue letters - Daily Star

The taxman is able to automatically detect interest on savings generated by your bank account and if you tip over a certain threshold, you will automatically be sent a notice of an extra tax bill

HMRC 'demand' letters being sent to people with more than £3,500 in savings

With the new tax year 2025-26 having started, the taxman has been busy sending out letters to people urging them to register for self-assessment or asking them to pay extra tax

UK households with modest savings can expect demand letter from HMRC - Birmingham Live

Thanks to the way the Personal Savings Allowance (PSA) works, you could end up owing tax on your interest with as little as £3,500 in a fixed-term savings account.

HMRC issues letters to people with £3,500 'rainy day fund' in bank accounts

The taxman could send you a tax bill letter if you have as little as £3,500 in your savings account

HMRC sending letters to people with £3,500 in bank account 'demanding' cash

How can businesses protect themselves from the cost of an HMRC investigation? - Rotherham Taylor Chartered Accountants

When dealing with HM Revenue and Customs (HMRC), a tax investigation is the last thing that you want to have happen. An investigation brings with it significant financial and administrative burdens on whoever is left handling it, which is even more frustrating when no wrongdoing has taken place. We understand how disruptive these kinds of investigations can be, so we offer a fee protection service to help shield you from the cost of an investiga…