K codes are a type of tax code that will result in more tax being collected out of your wages, via the PAYE system.
HMRC says UK taxpayers could be owed a refund if they have overpaid tax on their pension, a self-assessment tax return or ...
Blind Person’s Allowance is added to your yearly Personal Allowance - the amount of money you can earn before you start ...
Frozen thresholds are pushing more workers into paying income tax at an effective 60% rate. We look at why, as well as how ...
HM Treasury has released a major update on income tax following calls from thousands for changes to existing rules. The ...
John Clamp, fellow of the Personal Finance Society and chartered financial planner at Bowmore Financial Planning, said: “Both ...
There have been rumours the Chancellor could introduce a £4,000 cap on cash ISA savings, to encourage people to get into ...
Chancellor Rachel Reeves will keep Labour’s manifesto pledge and will not raise income tax at this month’s Budget, suggest new reports.
Workers could see their tax bill rise by £100s if Ms Reeves pushes ahead with plans to hike income tax on November 26.
When fully rolled out, the MTD system will allow businesses, landlords, and self-employed people to keep digital records and ...
Sole traders and landlords who filed their 2024/25 Self Assessment tax return by the end of August 2025 will receive a letter ...
British Prime Minister Keir Starmer did not rule out extending an income tax threshold freeze when asked about it on ...