Tag: taxes
State pensioners urged to delay pension due to HMRC tax bills
State pensioners can avoid a HMRC tax bill by delaying their state pension. …
Rachel Reeves drops huge tax bomb on 8.3m Brits – check if you’re hit
8.3 million more individuals will be affected by “fiscal drag” as their wages increase. Some describe this as a “stealth tax”. …
HMRC sends letters for ‘first time in decade’ to people earning more than £1k from savings
Thousands are receiving unexpected tax bills from the HMRC for the ‘first time’ in more than a decade. …
Tax codes explained as workers urged check payslips to avoid overpaying HMRC
The start of the new tax year could see new mistakes being made on your payslip …
Three pension tweaks could add up to £243,200 to your retirement savings
You don’t have to be a higher earner to add “substantial sums” to your pension pot, an expert has said. …
Trading212 makes Cash ISA rate change in unwelcome message to customers
Market leading Cash ISA platform Trading212 has cut interest rates in an unwelcome message sent to customers. …
HMRC issues letters with new tax codes to UK households – what they mean
Britons are urged to be proactive and check if they’re on the right tax code. …
State pensioners to be hit with stealth tax raid as HMRC data shows millions affected
HM Revenue and Customs has revealed the freeze on thresholds will mean 17.9 million Brits being dragged into paying the basic rate of tax. …
Rachel Reeves’ brutal tax plan sees some fork out £800,000 to avoid massive bills
The Chancellor has changed the rules on inheritance tax and the moves have led to a stampede to avoid steep bills. …
HMRC cuts tax-free Personal Allowance for people with letter K on payslip
If you have a letter K on your payslip you could be made to pay more tax to HMRC. …
