Do you know what tax you have to pay on your pension?
I have to pay tax on my pension? The short answer is, yes you do have to pay tax on your pension because some pension money is classed as taxable income. So, if your income [...]
May 2018
Watch out for fake HMRC texts and emails
Thousands of scam sites shut down by HMRC The figures relating to the number of scam sites are astonishing. Just in March 2018, HMRC asked for 2,672 fake websites to be taken down. 84,549 reports [...]
What does HMRC do?
Anything you read about tax will inevitably include references to HMRC. Most people writing about tax assume that their readers already have all the insider knowledge and vocabulary they need. At Tax Banana, we don’t [...]
What is my National Insurance Number for?
Your National Insurance Number is your unique reference number which records the amount of National Insurance (NI) payments you have made. It is a combination of letters and numbers and it stays the same throughout [...]