Tag: income tax
Workers on £35,000 hit by stealth tax squeeze adding up to hundreds of pounds
A worker earning £35,000 in 2022 could be paying £926 a year extra in income tax …
HMRC alert as £300 bill coming for sole traders and landlords
New tax reporting rules will come into effect in April 2026. …
Martin Lewis MSE says boost tax-free Personal Allowance to £18,570
Money expert Martin Lewis’ MSE has a method to boost your tax-free Personal Allowance with HMRC. …
Eight taxes Rachel Reeves could target to plug £40bn hole in Autumn Budget
Speculation is rife about which taxes Rachel Reeves may target to help bridge the estimated £40bn hole in public finances. …
HMRC targets ‘personal expenditure’ in tax crackdown on UK households
An initial trial of the crackdown held last year exposed reporting inaccuracies among taxpayers. …
HMRC refunds worth £3800 issued to older Brits
HMRC has repaid £48.7million in overpaid tax between April 1 and June 30, with an average payment of £3,815 …
HMRC tax shock alert as millions to be hit by ‘surprise’ bill
The taxman is set to target a host of new people this year who might have no clue they are about to be hit with a levy. …
Top 45% tax rate now hitting Middle Britain
HMRC figures show that 1.2million people will pay the additional rate this year …
Only one tax will help Rachel Reeves plug her Budget black hole – but it will destroy her
The Chancellor might as well resign now. It’ll save her an awful lot of bother. …
HMRC issues 12 month tax warning set to impact 700,000 ordinary Brits
Four in five accountants view the tax change as the biggest challenge of the year ahead. …
