Tag: taxes
Labour stealth tax raid to punish high earners and squeeze Middle Brits
The effect of the freeze means that every year, as incomes rise, more people are being pulled into paying tax, or higher rates of tax …
Labour could target motorists in Autumn Budget as experts plead
A tax raid on motorists could be coming in the autumn budget but it might see the government fulfilling some of their pre-election promises …
HMRC issues 13-day warning to UK households over £100 fine ‘with interest on top’
HMRC is warning households have just 13 days left to avoid a £100 fine from HMRC …
Thousands of pensioners hit with April HMRC warning
The freeze on tax allowance means more pensioners will be forced to file a tax return to HMRC for the first time …
Rachel Reeves urged to raise taxes by ‘patriotic millionaires’
The group argue that warnings higher taxes will drive the rich to move overseas or cancel investments in UK businesses are overblown. …
Wealth tax call to hit 75,000 to raise £130 billion over five years to fund UK renewal
The money would be used to pay for a mass insulation programme for the nation’s homes to cut energy use and bills. …
Warning of ‘horror’ tax bills despite £5.4 billion surge in government raid on incomes
The figure was up by £5.4 billion on the same period last year in a stealth rise which was largely driven by the freeze on tax allowances …
‘Dread’ as pubs face closures amid £1 billion tax bombshell
Industry leaders say the hospitality sector faces the quadrupling of annual bills due to the end of business rates relief …
Warning tax raid on pension contributions ‘could deter savers’
Currently, workers on more than £50,271 can claim tax relief on their pension contributions at a rate of 40 percent, which matches the income tax rate payable. …
Workers ‘set to lose £720 each’ from pension in Labour change from October
Workers are set to lose as much as £720 each from their pension from October’s looming ‘painful’ Labour budget, financial experts fear. …
