Tag: taxes
State pensioners warned of ‘unexpected tax bill’ from HMRC
An expert says there could be a lot of ‘confused and unhappy people’ across the UK. …
Labour’s hidden 60% tax trap that leaves 700k Brits worse off than higher earners
The number of workers “punished” by this tax trap has nearly doubled since 2018. …
State pension two-year alert as new tax bill could be a ‘shock to many’
State pension payments increase in April …
HMRC issues one-week deadline to taxpayers – ‘check here’
HM Revenue & Customs has taken to X to announce the deadline for anyone completing a self-assessment tax return for the first time. …
Rachel Reeves considers hiking UK’s biggest tax in huge Budget gamble – it may finish her
There’s only one thing the Chancellor can do to balance the books. Voters will hate it. …
UK state pensioners to receive £562 boost in 2026
Experts said the annual boost will cover rising living costs. …
HMRC taking money from people with over £5,000 in bank account
HMRC will use powers to go into people’s bank accounts to take money. …
HMRC to raid Cash ISAs with £5,000 or more and take money ‘directly’ from account
HMRC will use powers to go into people’s bank accounts to take money from Cash ISAs which have £5,000 or more in. …
HMRC issues Income Tax warning to people earning over £20,000
Those earning over £20,000 from certain income sources will have to make a change by the deadline, HMRC says. …
Poorest households hit hardest as damning new data shows income falls in real terms
Income inequality between the richest and the poorest has also widened. …
