HMRC Sends 130,000 Letters in ISA Crackdown – £790 Average Fine

HMRC Sends 130,000 Letters in ISA Crackdown – £790 Average Fine

More than 130,000 savers across the UK have reportedly received letters from HM Revenue and Customs as part of a renewed compliance drive focusing on Individual Savings Accounts (ISAs). According to figures linked to the review, the average financial hit per case has been around £790 — a number that has understandably caused concern among account holders. … Read more