Tag: income tax
Martin Lewis issues state pension tax update to all state pensioners
Money expert Martin Lewis has confirmed exactly how it works for state pensioners who will owe tax on their state pension. …
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. …
