Tag: taxes
Brits hit with up to £98,000 tax bills for cashing in pensions – how to avoid
Retirement expert Mike Ambery shared five strategies to help retirees avoid becoming “big pension taxpayers”. …
Rachel Reeves under pressure to create key new mega tax to fill ‘black hole’
Calls are also intensifying for the Chancellor to go further by imposing an annual tax on the UK’s wealthiest individuals …
Rachel Reeves nightmare as ‘wealthy workers abandon UK’ over tax hikes
The warnings come as projections suggest the Government’s non-dom policy could cost the Treasury up to £12.2billion by 2030. …
HMRC to contact 887,000 savers with over £3,500 in the bank
Many savers may be unaware they’re at risk of a tax charge. …
Personal tax allowance increase to £20,000 update ‘in days’ in Commons showdown
Rachel Reeves’ Treasury will have to explain why it refuses to raise the controversial ‘fiscal drag’ threshold, which ‘targets the poor’ in the House of Commons …
People working from home could face surprise repayment bill from HMRC
HMRC is getting stricter after rules for tax relief changed …
State pensioners urged to do one thing now to secure extra £694.43
Brits face a looming ‘stealth tax’ and have been advised to act quickly. …
‘Little-known and underused’ inheritance tax rule offers ‘powerful’ way to slash bill
Only 430 families claimed this inheritance tax exemption in a previous tax year, data shows. …
Fury as HMRC delays force people to wait months for tax refunds
The delays appear to hit employers’ PAYE and the Construction Industry Scheme particularly hard. …
HMRC rule changes for thousands of drivers who earn more than £30,000
Drivers should start preparing now to avoid the risk of penalties. …
