Tag: income tax
Martin Lewis gives personal tax allowance £12,570 state pension freeze update
Personal finance expert said he had been asked by many about the possibility of state pensions being taxed next year due to ‘fiscal drag’ …
State pensioners earning £100,000 can keep Winter Fuel Payment due to new loophole
Even state pensioners earning as much as £100,000 can keep their Winter Fuel Payment for 2025 thanks to a little known loophole. …
HMRC issues urgent tax message to people with £1,000
HMRC is urging people to make an important check before a looming deadline. …
Personal tax allowance raise from £12,570 to £20,000 update as backing soars
Just before a petition closed last week number of signups rocketed, showing Chancellor Rachel Reeves the anger at the ‘unfair’ tax on the poor …
Martin Lewis gives Premium Bonds update over winter fuel payment fears
Personal finance expert explained if winnings could push people over the £35,000 limit …
Rachel Reeves steps up tax war on poorest pensioners – shock bills land soon
Even more low income pensioners have been dragged into HMRC’s tax net, thanks to chancellor Rachel Reeves. …
New calls for income tax rate cut for workers earning under £50,000
A new online petition is calling for the basic rate of tax to be cut from 20% to 10% for all workers earning less than £50,000 per year …
HMRC payslip alert as it urges workers to spot key red flags
HMRC has issued a warning to employees working at certain kinds of companies as they need to ensure they are not ‘caught out’. …
Rachel Reeves tax raid kicks in as Brits forced to hand over £8bn
HMRC collected an additional £8.6 billion over two months due to the increase in National Insurance contributions and the freezing of income tax thresholds. …
Households lose £700 over HMRC tax code mistake on P60
Here’s how to check if you’re paying the right amount of tax. …
