Tag: taxes
Pensioners born before this date dealt huge tax blow
Due to a change made by the government, some Brits could be paying more in tax. …
Hundreds of thousands of pensioners hit with surprise HMRC tax bill
Over 750,000 more pensioners will pay income tax, according to reports. …
Martin Lewis urges 800,000 UK households to claim ‘free money’
Martin Lewis says as many as 800,000 UK households eligible to get the money are not claiming it. …
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. …
