Tag: Personal allowance
Get your tax-free personal allowance back with 1 payment says pension expert
Savers could boost their pension before the end of the tax year with one payment. …
Millions of workers urged to check payslip code over HMRC refund
If you are on the wrong tax code, you may have overpaid in taxes, and could be owed a refund from HMRC – millions of workers could be affected …
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 …
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. …
Tax-free Personal Allowance increased to £14,064 for ‘backdating’ households
Some households can use a ‘backdating’ method to get a £14,064 Personal Allowance tax-free …
Push to raise income tax threshold from £12,570 to £45,000 – new HMRC update
The government is due to respond to a new petition which says current income tax threshold “has been kept unreasonably low for far too long” after it gained more than 10,000 signatures …
HMRC £5,000 savings account warning as Brits could face bill over ‘limits’
Officials have given advice to savers who are looking to build up a nest egg in their savings account – but many may not be aware of the ‘personal limits’ …
State pensioners get £252 after using little known but legal HMRC loophole
State pensioners can get £252 back with a fully legal HMRC loophole. …
Exact date state pensioners will start paying tax on £12,578 after Triple Lock rise
State pensioners will begin to owe tax on their pension income alone. …
Pensioners’ tax fears as allowance to remain frozen until 2028
The Government has confirmed that the Personal Allowance threshold is to remain frozen at £12,570 until 2028 – meaning millions could be dragged into tax …