Tag: fiscal drag
Personal tax threshold £12.570 update as ‘1.3m extra’ get HMRC letters
Tax freeze has seen dramatic increase in numbers of people paying more including pensioners and savers, say experts …
Martin Lewis warning to anyone with savings over £20,000
Personal finance expert Martin Lewis has warned savers about when their savings interest could be taxed and explained the personal savings allowance thresholds …
Increase tax-free Personal Allowance to £13,570 with HMRC side rule
EXCLUSIVE: Tax experts have revealed a tax quirk can add another £1,000 to your tax-free Personal Allowance in any given tax year. …
Update on personal tax £12,570 raise to £20k call as support soars after Treasury response
Pressure is growing on Chancellor Rachel Reeves over tax change described as ‘unfair’ on lowest paid …
Martin Lewis anyone with new state pension tax warning and adds ‘that does feel unjust’
Speaking on his BBC podcast, a listener asked if a £100 private pension would push her over the edge …
Brits urged to make simple change to add £134k to pension
Adding extra earnings such as overtime to a pension can boost your long term savings, new analysis shows. …
Big update on campaign to raise personal tax allowance from £12,750 to £20,000
Growing pressure on Chancellor Rachel Reeves on ‘fiscal drag’ which is making poorest workers pay more …
Kemi Badenoch unleashes on Rachel Reeves as she exposes ‘stealth tax bombshell’ plot
Conservative Party leader accuses Chancellor of preparing to hit voters in her upcoming Budget …
£12,570 state pensioner personal tax allowance increase update as key threshold hit
Rachel Reeves’ Treasury will now be forced to issue a statement on the plan …
Budget income tax freeze could cost workers £2,978 as Reeves eyes stealth rises
The Chancellor has reportedly shelved plans to increase income tax rates, but her next move could still cost workers thousands of pounds. …
