Overlooking a crucial tax code could help you determine if HM Revenue and Customers (HMRC) owes you money. This five-digit code, visible on all your payslips, helps identify your tax band.

There is no need to contact HMRC and once a tax code has been changed we’ll inform customers by letter or digitally if they’ve signed up for paperless in the HMRC app or online." Webb says the ...

A HMRC system which leads to some pensioners being overtaxed is set to be overhauled after years of campaigning. The tax authority has said that from April it will improve how tax code information ...