Tag: income tax
HMRC waives £200 fines for households under new 2026 tax rules
HMRC is rolling out a major tax reporting change this year and will be waiving fines. …
HMRC alert as one million Brits could be missing out on tax refunds
Here’s what you need to know about claiming overpaid tax back. …
Martin Lewis advice if people missed tax return deadline as HMRC issues new update
Personal finance expert has told people what to do to avoid escalating fines …
Martin Lewis urges couples to act to get ‘£13,830 personal tax allowance’
He said ‘There are 2.1 million eligible couples who are not claiming this, who should be claiming this and could gain’ …
Warning over ‘tax trap’ that could lose people £255,000 in pension savings
Experts warned that high earners risk suffering from a hidden tax sting. …
Brits earning over £50,271 issued pension tax claim warning
The alert comes ahead of an important HMRC deadline. …
HMRC alert for Brits earning more than £50,000 – ‘you will need to do this’
HMRC has instructed people who earn over £50,000 to complete one task starting from one upcoming date. It marks the “biggest” change in 30 years. …
Personal tax threshold £12.570 update as ‘1.3m extra’ get HMRC letters
Tax freeze has seen dramatic increase in numbers of people paying more including pensioners and savers, say experts …
Tax-free Personal Allowance increased to £16,320 for HMRC self-assessment households
HMRC will give you a £16,320 allowance tax-free legally if you submit a self-assessment tax return this January, shared with a partner. …
Brits earning £50,000 urged to make ‘overlooked’ pension move – ‘need to claim it’
Hundreds of thousands of higher and additional rate taxpayers miss out every year. …
