Tag: tax
HMRC warning as deadline for crucial form looms that could result in £100 fine
Those who need to submit the form but have not yet registered are urged to do so before the January 31 cut off date …
‘I’m a tax expert – five lesser-known tax tips that could save you hundreds in new year’
A tax expert shared tips for Britons to be “strategic” with their finances in the new year. …
State pensioners hit with HMRC tax bill over 30-day rule
Pensioners face being issued a tax bill from HMRC due to a 30-day-rule. …
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. …
HMRC sending tax warning letters to anyone earning over £1,700
From January online platforms like eBay, Vinted, Airbnb and Just Eat will start sending records of your income directly to the taxman. …
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. …
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 …
All the tax rises that could be announced in Labour’s first Budget this week
As the Chancellor Rachel Reeves is set to announce the first Budget of the new government, here are some potential tax changes we could see …
HMRC issues urgent warning with less than 100 days until deadline
HM Revenue and Customs has issued a warning to self-assessment customers, with less than 100 days to go until the deadline …