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More than 670,000 18 to 22-year-olds across Great Britain yet to claim their Child Trust Fund are being urged to ‘cash in their stash’ as HM Revenue and Customs (HMRC) reveals the average savings pot is worth £2,212. Child Trust Funds are long term, tax-free savings accounts which were set up, with the government depositing £250, for every child born between September 1, 2002 and January 2, 2011.

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manchestereveningnews.co.uk

04.12.2024 / 21:49

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HMRC issues reminder to anyone who sells on Vinted or eBay ahead of new '30-item' rule

HMRC has issued a statement ahead of changes coming in next year that will affect online marketplaces such as Vinted and eBay.

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manchestereveningnews.co.uk

02.04.2024 / 13:05

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HMRC change means millions of families will now receive £102 every four weeks

HM Revenue and Customs (HMRC) has confirmed that millions of parents will benefit from increased Child Benefit payments from later this week - worth an extra £83.20 a year for families with one child.

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Season 2 of Tropical Noir ‘Troppo,’ Starring Thomas Jane, Nicole Chamoun, Wraps in Australia, Leonine Selling at Mipcom

Leo Barraclough International Features Editor The second season of the tropical noir crime drama “Troppo” has completed production in Queensland, Australia, with Thomas Jane (“Boogie Nights”) and Nicole Chamoun (“Safe Harbour,” “On the Ropes”) reprising their roles as private investigators Ted Conkaffey and Amanda Pharrell. A director known for “The Expanse” and “Dark Country,” Jane also serves as a director for two episodes of Season 2.

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HMRC urge 18 to 21-year-olds in Lanarkshire to claim Child Trust Fund cash as part of UK Savings Week

Eighteen to 21-year-olds across Lanarkshire with an unclaimed Child Trust Fund are being urged by HM Revenue and Customs (HMRC) to claim their cash as part of UK Savings Week.

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Young adults urged to claim £2,000 savings pot opened when they were born

HM Revenue and Customs (HMRC) is encouraging nearly 430,000 18 to 21-year-olds with an unclaimed Child Trust Fund, worth an average of £2,000, to claim their cash as part of UK Savings Week, which runs until Sunday, September 24.

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manchestereveningnews.co.uk

18.09.2023 / 11:27

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HMRC urges hundreds of thousands of young adults to check if they're owed £2,000

HM Revenue & Customs (HMRC) has issued a warning for nearly half a million young adults who could be missing out on around £2,000.

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manchestereveningnews.co.uk

04.04.2023 / 09:13

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HMRC confirm date one million households will receive £301 cost of living payment

HM Revenue and Customs (HMRC) has confirmed when one million households receiving tax credits only will receive their first instalment of the cost of living payments.

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Warning for Lanarkshire residents after HMRC shuts down company who charged taxpayers significant sums

Lanarkshire residents are being urged to "carefully consider" their future options after a company which charged taxpayers significant sums to make claims for tax refunds was stopped from operating.

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£324 cost of living payment date for people claiming Tax Credits confirmed for next month

HM Revenue and Customs (HMRC) has confirmed that more than one million families receiving Tax Credits, and no other means-tested benefits, will get their second cost of living payment next month. Payments for £324 are due to be made between Wednesday November 23 and Wednesday 30, 2022.

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HMRC urges couples to check for £252 tax break to help during cost of living crisis

Married couples and those in civil partnerships are being urged to say ‘I do’ to the Marriage Allowance. At the height of the summer wedding season, HM Revenue and Customs (HMRC) is reminding couples about the allowance, which allows married couples or people in civil partnerships to share their personal tax allowances.

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manchestereveningnews.co.uk

02.08.2022 / 15:03

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Married couples reminded how they can claim £1,220

Married couple and those in civil partnerships have been urged to remember their marriage allowances.

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HMRC urges couples to check if they are due £1,220 tax back - just for being together

HM Revenue and Customs (HMRC) recently revealed that nearly 1.8 million married couples and those in civil partnerships across the UK are using Marriage Allowance to save up to £252 a year in Income Tax.

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Lanarkshire lovebirds are urged to take advantage of tax saving

iOS - Android They can transfer 10 per cent of their tax-free allowance to their partner, which is £1260 in 2021/22. It means couples can reduce the tax they pay by up to £252 a year; and they can backdate their claims for any of the four previous tax years, which could be worth up to a total of £1220.

Angela Macdonald

HMRC urges couples to check if they are due £1,100 tax payout - just for being together

HM Revenue and Customs (HMRC) is encouraging married couples and people in civil partnerships across the UK to sign up for a tax break this year.Marriage Allowance offers individuals the chance to transfer part of their Personal Allowance to their husband, wife or civil partner, which could reduce their tax by up to £250 a year.For some couples, this could mean a backdated payment of up to four years of claims which could be as much as £1,188.It is free to apply for Marriage Allowance and HMRC is encouraging customers to claim directly through its online portal to ensure they receive 100 per cent of the tax relief they are eligible for.Angela MacDonald, HMRC’s Second Permanent Secretary, said: “For some, a tax break will be a welcome source

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