HM Revenue and Customs (HMRC) is sending letters to many people in the UK. These letters are about tax owed on interest earned from savings. This is happening because interest rates have gone up, and more people are earning more interest than their tax-free allowance.

#HMRevenueCustoms, #SavingsInterest, #PersonalSavingsAllowance, #UKTax, #MoneyAdvice

https://newsletter.tf/hmrc-letters-savings-interest-tax/