Tag: income tax
Stealth tax shock for savers as surprise demands jump to £920
Figures released by HMRC show a sharp rise in so-called simple assessments …
Warning tax threshold rules for UK ‘could cost families £500 a year’
The freeze was brought in by the Conservatives in 2021-22 and extended to 2028 …
Martin Lewis warning to anyone with savings over £20,000
Personal finance expert Martin Lewis has warned savers about when their savings interest could be taxed and explained the personal savings allowance thresholds …
HMRC to issued £900 fines and says ‘from January 31’
Tax officials have said they failing to file the papers in time will lead beign hit in the pocket i penalties …
HMRC to issue £100 fines to households from January
Households are warned they face a penalty for missing a looming deadline. …
HMRC rules can boost your tax-free allowance to £13,006
HMRC’s Tax-Free Personal Allowance can effectively reach £13,006 through little-known tax reliefs including work expenses …
Workers issued tax warning – ‘do this or risk losing 40%’
Christmas bonuses can be a delightful surprise, but for many UK workers, the joy is short-lived. …
HMRC announces January tax change for 12 million in UK
Brits could face hefty fines for missing the deadline at the end of January. …
Brits earning over £50,000 issued 4-month tax change warning
The latest phase of the Government’s scheme is set to go live in April. …
Increase tax-free Personal Allowance to £28,322 with 5 HMRC rules
EXCLUSIVE: These huge tax-free boosts could see you collect nearly £30,000 in a single year without paying tax on it, when added together. …
