Tag: income tax
HMRC increases tax-free personal allowance to £20,070 for self-assess households
HMRC will give you a £20,070 allowance tax free legally if you submit a self-assessment tax return in this circumstance. …
Minimum income tax bill for every state pensioner after triple lock boost
Every state pensioner will be liable to pay some income tax following upcoming triple lock boosts. …
Brits saving more amid fears over new Rachel Reeves tax hikes
Rachel Reeves, has pledged “iron discipline” over public finances and warned there is “no magic money tree”. …
Full list of 35 taxes you pay to the Government – you won’t believe how much they take
If you’re wondering where your money is going, you’ll want to understand more about these taxes you’re paying. …
HMRC to issue instant £100 fines to taxpayers from Friday
People who miss a vital deadline this week will be hit with a £100 penalty. …
Update on calls for UK Government to exempt pensioners from income tax
A petition has been set up, urging politicians to rethink tax rules for those on State Pension. …
HMRC sending £1,600 fine letters to taxpayers from Thursday
HMRC is hitting people with fines worth up to £1,600 over 12 months following this Thursday’s deadline. …
HMRC urges 1 million people to claim tax refund – how to check you are owed
HMRC issued a reminder to nearly one million people who are owed a tax refund. …
Raise personal tax allowance to £15,597 major update as new push starts
Repeated mass support for change increasing pressure on Chancellor Rachel Reeves to help poorest workers …
Taxpayers have ‘less than two weeks’ until vital HMRC deadline – ‘check account now’
There will be “serious financial consequences” for those who need to pay but miss the tax deadline. …
