Tag: income tax
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. …
Brits could end up paying up to £21k more tax in 2025 – 5 ways you can slash your bill
If you plan on buying a house next year, and/or stand to inherit some money, you could end up paying an estimated £21,071 extra in tax. …
Pensioners hit by ‘retirement tax’ bills swamp HMRC call centre
A decision to freeze the threshold at which people start paying tax at £12,570 means more retired people are being hit by a tax demand …
