Having to pay tax on savings interest has boosted the popularity of the cash ISA. The annual ISA allowance allows individuals to shelter up to £20,000 a year without paying tax on interest earned – or ...

Living on a fixed income requires thoughtful planning and spending. Follow these five tips to ensure that you don’t outlive your savings in retirement.

The alternative minimum tax represents one potential caveat to the widespread and, mostly, correct belief that the One Big Beautiful Bill Act cut everyone's payments to Uncle Sam. Below are five key ...

The latest HM Revenue and Customs (HMRC) figures show that more than 1.1 million people over State Pension age are facing a tax bill for interest earned on their savings accounts. Data obtained by ...

Scroll to discover how you can find the best savings rates A MAJOR warning has been issued to more than 1.1 million people over state pension age who may be hit with income tax on their savings ...

Most forms of income count as taxable — but not all. Here’s how to calculate yours and some ways to reduce your liability. Many, or all, of the products featured on this page are from our advertising ...

Your savings account meets your monthly needs: salary, bills, EMIs, or sometimes transferring or receiving money. All this seems normal, but now the Income Tax Department is keeping a close eye on ...

More than 1.1 million savers over state pension age are facing a tax bill for interest earned on their pots of cash, according to HM Revenue and Customs (HMRC) figures. Some 1,160,000 pensioners are ...

Many pensioners are set to suffer a tax bill on their cash savings, AJ Bell said (Yui Mok/PA) (PA Archive) More than 1.1 million savers over state pension age are facing a tax bill for interest earned ...

Economic league tables need to be treated with caution – much of their contents are inevitably subjective. But a recent ranking of international tax regimes by a US-based think tank – the Tax ...