Tag: income tax
State pensioners facing ‘retirement tax’ over rise coming in days
Some pensioners already pay tax on their state pension, especially if they have delayed their claim or are eligible for the Additional State Pension. …
700,000 more pensioners facing income tax bills as state pension increases
New reports suggest a staggering number of retirees will be hit by unplanned tax bills …
New tax rules to hit four million people this year – how to check if it’s you
‘Fiscal drag’ caused by freezing personal tax allowances have dragged millions extra into paying more …
HMRC warning ahead of next financial year as people urged to check tax code
HMRC has started emailing people to advise them to check their newly issued tax code for 2025/26 …
Fury as millions of state pensioners face ‘Labour’s retirement tax’ within months
An increase in the state pension looks set to drag the cash above a key threshold …
Martin Lewis explains how to increase income tax Personal Allowance to £13,830 legally
Money expert Martin Lewis says there’s a legal way for some people to increase their income tax allowance this year. …
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 . …
