Tag: income tax
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. …
Tax code error on your P60 could mean you are owed £1,500 in overpaid taxes
Experts have detailed how to check if you are affected. …
1.5p on income tax – and 5 more ways Rachel Reeves could fund Labour’s spending spree
Yesterday, it was all spend, spend, spend for Rachel Reeves. Soon, it will be tax, tax, tax. …
HMRC tax bills for people earning over £1,000
People above a £1,000 earnings threshold face strict tax rules. …
Exact date all state pensioners will start paying tax after Triple Lock changes
All state pensioners will have to pay tax due to the Triple Lock. …
Rachel Reeves swears she won’t hike income tax, NI or VAT – write that down now
When Chancellor Rachel Reeves says she won’t increase taxes, it pays to be sceptical. …
Pensioners can avoid ‘unexpected’ HMRC bill by spending £1
HMRC will send letters to pensioners with an unexpected bill – but you can avoid it by spending £1. …
