News

As reported by the Daily Record, the total number of income tax payers is expected to reach 39.10 million in 2025-26, an ...
The number of people who will have to pay more tax is expected to rise by nearly two-fifths in the current financial year ...
The Labour Party government's tax arm has issued a stark warning to millions of Brits who have National Insurance (NI) numbers, urging them to take action 'today' ...
New figures published by HM Revenue and Customs (HMRC) indicate that more than seven million people are liable for higher rate income tax, marking a jump of nearly two-fifths compared with 2022-23.
“There are about two million individuals with an income above £35,000. Those who receive a Winter Fuel Payment will have the ...
Rachel Reeves has refused to rule out giving HMRC the ability to send demands to SEVEN MILLION UK households. The Labour Party Chancellor has refused to rule out extending the income tax threshold ...
“There’s a common misconception that all gifts are automatically exempt from inheritance tax – but the reality is far more nuanced,” he explained. “HMRC is clear - unless you follow the specific rules ...
HMRC said the £1,000 income threshold is key - anyone who earns more than this from their side hustle in a tax year may need to register for Self Assessment and complete a tax return. This includes ...
The number of people paying income tax in retirement will keep increasing as long as the thresholds are frozen ...
Boasting about a 'lavish lifestyle' might cause the authorities to launch an investigation if something doesn't add up.