Tag: taxes
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. …
Rachel Reeves could soon hike income tax rates, experts warn
Britain’s leading economic think tanks have sounded the alarm …
HMRC explains how to avoid £100 fine for missing tax deadline
HMRC has shared 10 valid reasons that could exempt you from a £100 penalty for missing the self-assessment deadline …
