Tag: income tax
Plan to raise personal allowance from £12,500 to £20,000 hits major milestone
Campaigners say the move would allow more pensioners a “decent income” as more are dragged into tax brackets. …
800,000 more face ‘unexpected pitfall’ as extent of stealth tax raid unveiled
New analysis has highlighted just who will be affected by the tax change …
Labour to hit 2.5 million people with sneaky tax hike
Millions of people will be dragged into paying income tax as millions of others will be forced to pay the higher rate band. …
Stealth tax raid means millions of people are set to pay more
Some 7 million will pay 40 percent tax on some of their income through 2025-2026, according to the Office for Budget Responsibility . …
HMRC issues warning to anyone earning over £1,000
People over a £1,000 earnings threshold have been issued a warning by HMRC as new tax rules are set in motion. …
HMRC issues message to anyone selling unwanted Christmas gifts online
HMRC has issued a message to people selling unwanted gifts on sites like eBay and Vinted. …
Rachel Reeves predicted to hit UK with more crushing tax rises – including income tax
Labour came under fire for a £40 billion increase in taxes announced in the October Budget …
UK households £8,000 worse off from January after tax changes
UK households will be almost £8,000 worse off in 2025 thanks to a series of tax changes. …
Martin Lewis’ MSE says avoid tax on savings legally with NS&I Premium Bonds account
Martin Lewis’ Money Saving Expert tip says you can avoid tax legally with a new NS&I savings account. …
Average Brit to pay £1,261 more in tax after Rachel Reeves’s triple whammy bombshell
Rachel Reeves’s changes to capital gains tax and dividend tax allowances will hit wallets hard, according to an interactive investor. …
