Tag: tax
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 …
Avoid £360 HMRC fine in February with these 10 legal excuses
HMRC is issuing fines of up to £360 to people who missed the January deadline – unless you use one of its 10 permitted excuses. …
Six end-of-tax year strategies to avoid ‘sneaky traps’ and cut your bill
Britons can avoid “sneaky tax traps” with some strategic planning. …
800,000 more face ‘unexpected pitfall’ as extent of stealth tax raid unveiled
New analysis has highlighted just who will be affected by the tax change …
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. …
