Tag: taxes
Urgent advice on ISA and Junior ISA as 11-day deadline looms
Tax experts have issued guidance as the deadline looms. …
Fears Rachel Reeves could extend stealth tax raid on incomes in new threshold freeze
The Chancellor has already confirmed that the freeze on inheritance tax allowances will remain in place until 2030 …
Personal Tax Allowance update as demands made for £1,000 HMRC change
The Personal Tax Allowance has been set at £12,570 since 2021, while the state pension has risen annually under the Triple Lock …
The new ruling that could save families £100k on inheritance tax
A landmark ruling allowed a family to escape inheritance tax after property was given to them as a gift. …
Millions of Brits risk missing out on key tax-saving opportunities as deadline approaches
There is a growing sense of stress and uncertainty surrounding investments …
Rachel Reeves’ ‘risky strategy’ could lead to £10bn income tax raid, warns IFS
The Institute for Fiscal Studies has issued a stark warning, claiming that the Chancellor has dangerously little room to manoeuvre …
Cash ISA tax free allowance update as BBC money expert shares verdict
There has been intense speculation that the existing £20,000 annual tax-free allowance on cash ISAs will be lowered – possibly to £4,000. …
HMRC threatens loan charge victims with debt collectors
Tax experts warn that HMRC’s actions could devastate thousands of families …
HMRC outcry as penalty tax trap squeezes enormous sums in interest payments
The news comes as grieving families are being hit with crippling inheritance tax bills …
HMRC warning as people urged to check doormats and letter boxes
As the end of the tax year looms, hundreds of thousands of taxpayers across the UK will receive dreaded correspondence from the taxman. …