Tag: taxes
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. …
Millions of pensioners at risk as Rachel Reeves plots new £40bn tax raid
The plan forms part of an initiative to unlock capital for investment in UK businesses. …
Every UK worker sent letter with code to check if you’re owed cash
Workers are being sent letters with a code you need to check to see if you’re owed money back. …
Savers lose £50,000 from tax-free pension allowance due to 2 little known rules
The amount you can put away in your pension could be slashed by £50,000 due to 2 little known rules. …
Savers warned over HMRC surprise taxes amid frozen allowances and rising interest rates
Taxpayers aren’t supposed to register for self-assessment unless prompted by HMRC. …
Anyone with a Cash ISA, pension or savings given new update after tax year changes
Anyone who has a Cash ISA, a pension or savings has been given an update by finance experts this week. …
Rachel Reeves deals another blow to pensioners with £2.7k in extra bills
The cost of living a comfortable retirement has shot up in the last four years, new research has discovered. …
DWP issues update on raising tax allowance for state pensioners
State pension payments increased 4.1% this month …
