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Martin Lewis shares key HMRC tax updates after viewers' confusion

Martin Lewis tweeted on June 10, 2025, that earnings are only taxed if they exceed £12,570 per year.
He addressed common tax misconceptions following HMRC confusion about savings interest and taxable income.
Lewis clarified that savings interest is taxable, not the savings themselves, and that all earned income, even by infants, is taxable.
He noted the annual personal allowance of £12,570 is frozen, meaning "most can earn tax-free each year," but inflation risks more taxpayers paying tax.
These updates suggest that many people may unknowingly fall foul of HMRC rules, emphasizing the need to understand allowances and taxable income clearly.

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The National

Lean Left

HMRC tax updates: Martin Lewis on the most confused rules

4 days ago·Glasgow, United Kingdom

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The Argus

+25 Reposted by 25 other sources

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Martin Lewis shares key HMRC tax updates after viewers' confusion

Martin Lewis has highlighted some of the most common tax misconceptions - the HMRC rules that viewers find confusing, and that are easy to fall foul…

5 days ago·Brighton, United Kingdom

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Money Marketing

Michael Edwards: The quiet revolution reshaping the tax landscape

There’s no question that the tax landscape is increasingly complex. Tax-efficient strategies can quite easily stray into evasion territory if people aren't properly supported.

3 days ago

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