Tag: higher-rate taxpayers
Rachel Reeves Spring Statement freeze could put pensioners at risk
One key concern with this threshold is that it could punish those who claim the State Pension. …
Millions thrown into higher tax bands – how to check personal tax allowance
The number of higher-rate taxpayers has exceeded five million for the first time, with millions more people paying more tax due to frozen thresholds …
HMRC warning to 680,000 Brits over tax code trap – check if you’re affected
Higher rate taxpayers surged by 15.3% – or 680,000 more people – to 5.1 million between the 2021 to 2022 tax year and the 2022 to 2023 one. …
Millions of taxpayers missing out on share of £1.3bn free pension cash
More than 2.3 million people are missing out on extra money for their pensions, which could mean they are retiring later unnecessarily, an expert has urged. …
Pension savers told to claim ‘outstanding benefit’ or lose thousands
The end of January brings not just the deadline for submitting an online self-assessment tax return, but also a cut-off for claiming valuable pension tax relief …