Tag: income tax
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. …
Rachel Reeves ‘to hike UK’s biggest tax’ – she thinks we won’t notice
ANALYSIS: Experts say Chancellor Rachel Reeves will hike taxes again in her Budget this autumn, and it will be a big one. …
Warning to state pensioners earning over £597 a year
State pensioners could start losing 20% of their income if they earn just £598. …
DWP state pensioners told don’t be caught out by ‘nasty £3,000 surprise’
A state pension warning has been issued to the hundreds of thousands of Brits who could be impacted by a tax bill in the coming year. …
State Pension £12.5k to £20k tax free threshold update
Petitions are calling for the UK Government to raise the income tax threshold and to stop state pensioners from paying income tax altogether. …
Personal allowance freeze sees pensioners in 40% or 45% tax double
It’s not just income tax that retirees may need to look out for. …
More than 1m pensioners hit by highest tax rates in ‘triple whammy’
The freeze on tax thresholds was first introduced by the Conservative government in 2021 and extended through to 2028 before the last General Election …
Hundreds of thousands of pensioners hit with surprise HMRC tax bill
Over 750,000 more pensioners will pay income tax, according to reports. …
Brits hit with up to £98,000 tax bills for cashing in pensions – how to avoid
Retirement expert Mike Ambery shared five strategies to help retirees avoid becoming “big pension taxpayers”. …
