Tag: income tax
12 tax rises next year that you won’t hear about in the Budget
Experts warn that a dozen key thresholds and allowances have been quietly frozen for years …
Key update in personal tax threshold rise to £20,000 Rachel Reeves call as landmark near
Pressure is growing on Chancellor Rachel Reeves to tackle issue in Budget after repeated campaigns …
Rachel Reeves lines up ultimate Budget tax bomb – but first she must admit to lying
The Chancellor faces the decision of her lifetime in the Budget. …
Martin Lewis says ‘unbeatable’ pension trick doubles your money instantly
Martin Lewis says this pension trick can effectively double your money instantly. …
State pensioners given two-year warning over tax letter
A new tax bill is being issued to some state pensioners and it could be a “shock to many” as the cost of living continues to bite …
Labour’s hidden 60% tax trap that leaves 700k Brits worse off than higher earners
The number of workers “punished” by this tax trap has nearly doubled since 2018. …
HMRC issues one-week deadline to taxpayers – ‘check here’
HM Revenue & Customs has taken to X to announce the deadline for anyone completing a self-assessment tax return for the first time. …
Chancellor Rachel Reeves gives update on income tax threshold £50,270 ahead of Budget
The lowest personal tax allowance has remained frozen at £12,570 since 2021 – a situation which has been branded as ‘ridiculous’ …
HMRC issues Income Tax warning to people earning over £20,000
Those earning over £20,000 from certain income sources will have to make a change by the deadline, HMRC says. …
Poorest households hit hardest as damning new data shows income falls in real terms
Income inequality between the richest and the poorest has also widened. …
