Tag: tax thresholds
Martin Lewis tells savers of £12,570 threshold and warns about personal allowance ‘tax’
Personal finance expert said people need to be aware of the limit as it’s when they start paying money in tax …
DWP state pensioners told don’t be caught out by ‘nasty £3,000 surprise’
A state pension warning has been issued to the hundreds of thousands of Brits who could be impacted by a tax bill in the coming year. …
Pensioners born before this date dealt huge tax blow
Due to a change made by the government, some Brits could be paying more in tax. …
State pensioners to be hit with stealth tax raid as HMRC data shows millions affected
HM Revenue and Customs has revealed the freeze on thresholds will mean 17.9 million Brits being dragged into paying the basic rate of tax. …
Rachel Reeves will take even more of your tax from April – here’s how to stop her
It’s less six weeks to the end of the tax year on April 5 so don’t hang around because the clock is rapidly ticking down. …
Six end-of-tax year strategies to avoid ‘sneaky traps’ and cut your bill
Britons can avoid “sneaky tax traps” with some strategic planning. …
Huge tax change in Budget 2024 for millions of British workers – check if you’re affected
The Chancellor announced a surprising measure in today’s Budget which will affect how much money many people take home in their pay packet. …
HMRC to cancel tax bills and demands for thousands of Brits
The tax office has confirmed that it wouldn’t be sending demands to pensioners who owe “tiny” amounts of tax as it would be too expensive to collect. …
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 …
