Tag: tax threshold
Martin Lewis anyone with new state pension tax warning and adds ‘that does feel unjust’
Speaking on his BBC podcast, a listener asked if a £100 private pension would push her over the edge …
Martin Lewis gives new State Pension £12,570 limit tax update and adds ‘some are exempt’
Rachel Reeves has frozen income tax thresholds which means under triple lock those earning only new State Pension face bill from 2027 …
I’m a pensioner working 40 hours a week – we will be no better off next year
The Government “gives with one hand and takes with the other”, says Melanie Roberts, 72. …
Millions of pensioners could cut tax with one account
The State Pension is set to increase by 4.7% next April, but this could also push more older people into paying tax on their pensions …
HMRC to send out 6 million unexpected bills to ‘rule break’ UK households
Personal Savings Allowance allows people with savings accounts to avoid paying tax on the first £1,000 of interest. …
HMRC makes £3,000 limit change as households face £600 tax bill
HMRC is changing the way a tax is paid but will still bill households who go over the limit. …
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 …
Income tax cut, NI slashed and VAT down – What Rachel Reeves’ Budget didn’t do
This Budget marks the highest tax increase we’ve seen in decades despite income tax, NI and VAT remaining unchanged for “working people”. …
HMRC could ‘write off’ some state pensioners’ tax bills – but experts issue warning
Hundreds of thousands of pensioners face being dragged into the tax system due to frozen personal allowances …
State Pension increase to £924.60 a month could mean tax blow, warns expert
New figures revealed that the average regular earnings growth has shot up to 4.5 per cent meaning pensioners could be due a bumper rise …
