Tag: tax
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 …
State pensioners earning £1,068 warned they owe tax to HMRC
State pensioners who earn £1,068 or more have been warned they will owe money to HMRC this year. …
HMRC sends warning to anyone earning more than £1,000 or £50,000
HMRC says people earning over such amounts could owe money to the taxman without realising it. …
New tax regulations target eBay, Vinted, and AirBnB users with automatic £100 fines
People who sell items online or have a ‘side hustle’ may need to register to submit a tax return or face a fine of £100 but time is running out …
