Tag: taxes
‘Startling’ rise in pension lump sum withdrawals as Budget tax fears ramp up
Britons accessed a staggering £10billion worth of tax-free pension cash in the six months to March, marking a 72% rise in withdrawals. …
Petition to stop Reeves’s inheritance tax on pensions hits major new milestone
Campaigners have branded the policy change “unfair”, arguing that it disincentivises people from funding their pensions. …
Taxman targets 400,000 freebie Instagram ‘stars’ – with £100 fines looming
Industry experts warn that around 400,000 people in the UK could be affected …
Brits urged to ‘keep record’ or face HMRC fine
Overlooking one thing could mean 400,000 Brits would be required to pay a £100 fine. …
Angela Rayner stamp duty ‘scandal’ explained: What did the Deputy Prime Minister do wrong?
The Deputy Prime Minister has now admitted her mistake. …
HMRC hits back over viral ‘block on £800 bank payments’ claims
In a statement, HMRC said: “These claims are completely false. There are no such rules.” …
Rachel Reeves tax policy may add £24k to new-build homes, experts warn
The Chancellor wants to scrap the lower landfill tax rate charged on waste such as topsoil, rocks and clay …
Keir Starmer brings in ex-Bank of England boss who backed wealth taxes
Baroness Minouche Shafik, who will now serve as the Prime Minister’s chief economic adviser …
Millions of Brits face HMRC’s ‘biggest tax shake-up in years’ in coming months
An accountant has issued a warning to millions of Brits about what to do ahead of an HMRC shake-up coming into effect from April 2026. …
HMRC ‘could target’ rules for those who gift family members money
The Chancellor is reportedly considering changes to certain exemptions. …
