Wealthy pensioners face a £2,500 tax hit if Rachel Reeves commits to a raid on incomes, according to data. Labour Party Chancellor Ms Reeves has refused to rule out tax rises in this month’s budget, ...
UK workers are being alerted to a significant tax change due to come into effect next year. This modification will affect ...
There have been rumours the Chancellor could introduce a £4,000 cap on cash ISA savings, to encourage people to get into ...
Blind Person’s Allowance is added to your yearly Personal Allowance - the amount of money you can earn before you start ...
The launch on April 6, 2026 will mark a significant and time-saving change for certain people in how to report income to HMRC ...
HMRC says UK taxpayers could be owed a refund if they have overpaid tax on their pension, a self-assessment tax return or ...
"Receiving any kind of benefit can also alter your tax code, such as the state pension ." Guidance on the Government website ...
Mr Lakhani said: "These higher taxpayers may also be able to claim back their extra tax relief from HMRC through a ...
Frozen thresholds are pushing more workers into paying income tax at an effective 60% rate. We look at why, as well as how ...
Personal allowance is the annual amount of income people in the UK can earn before they start paying Income Tax. HMRC ...
John Clamp, fellow of the Personal Finance Society and chartered financial planner at Bowmore Financial Planning, said: “Both ...