420,000 drivers pay luxury car tax after threshold freeze
Frozen tax thresholds have dragged 420,000 motorists into paying the luxury vehicle levy, a 42% rise in two years. Discover how family cars are being caught in the tax net.
Frozen tax thresholds have dragged 420,000 motorists into paying the luxury vehicle levy, a 42% rise in two years. Discover how family cars are being caught in the tax net.
Analysis reveals workers earning up to £52,000 will be worst affected by a 'triple whammy' of tax and policy changes from the Autumn Budget. Discover the key impacts.
HMRC warns UK households that accessing pensions early, even for 'trivial sums' over £30,000, is tax avoidance. You could face a 55% charge. Read the official advice now.
Millions of UK families miss out on a 25% pension top-up during parental leave. Experts urge action to close the 'Parenthood Pension Gap'. Check your eligibility now.
State pensioners aged 80+ receive a 25p weekly 'age addition', unchanged since 1971. Critics call it 'insulting' as its value has plummeted. Discover the future of this payment.
Chancellor Rachel Reeves pledges no tax on state pension alone, but experts warn new DWP rules are 'rushed', creating unfairness and penalising those who saved.
Major UK retailers criticise the government for delaying until 2029 the end of a tax break for cheap imports from Shein and Temu, warning of unfair competition. Read the full story.
A three-year freeze on the student loan repayment threshold could leave new graduates struggling with bills. The NUS warns it risks pushing repayments 'dangerously close' to minimum wage earnings.
The government raises the IHT threshold for farmers to £2.5m, a policy U-turn experts warn inflates land prices and benefits wealthy investors over family farms. Read the full analysis.
The UK government has revised its inheritance tax plans for farmers after protests. The new rules allow couples to pass on up to £5m. Find out what changed.
Chancellor Rachel Reeves extends tax threshold freeze to 2031, dragging more pensioners into tax. Experts warn of unfairness and hardship for those on low incomes. Read the full analysis.
Thousands of retirees relying on state pension top-ups are being sent tax demands of around £800, falling outside Labour's new exemption. Discover the impact of frozen thresholds.
Chancellor Rachel Reeves's Budget reforms, with frozen income tax thresholds, are set to push retirees with modest savings into paying tax. Experts warn of fiscal drag and inheritance tax implications.
Labour's Pensions Minister confirms auto-enrolment thresholds will stay frozen, potentially reducing take-home pay. Experts warn of a squeeze for workers and tax implications for pensioners. Read the full analysis.
Chancellor Rachel Reeves faces criticism as frozen tax thresholds will push state pensioners with small private savings into paying income tax from 2027. Experts warn of financial strain.
Millions of pensioners have received Winter Fuel Payments, but those earning over £35,000 will repay via tax codes. Find out how the new rules affect you.
Pension savers initiating transfers in December face a 24-day wait, with funds not moving until January. Experts warn of 'real frustration' and call for urgent industry reforms.
Carers speak out after receiving brutal DWP letters demanding thousands in overpayments due to a 'cliff edge' earnings rule. Read the full story of the ongoing scandal.
The UK state pension age will start rising from 2026, impacting millions. Find out the exact dates you can claim under the new rules and how it affects your retirement plans.
Chancellor Rachel Reeves freezes income tax thresholds for 3 years, creating a 'two-tier' pension tax system. Critics warn it penalises savers. Read the full analysis.
Pensioners aged 80+ receiving a low basic State Pension may qualify for a monthly top-up of up to £422.80 from the DWP. Check your eligibility now.
Major changes to the UK state pension age will start in 2026, affecting millions. Find out if you'll have to work longer and how to plan your finances.
UK drivers of electric and plug-in hybrid cars will face a new pay-per-mile tax from April 2028. Find out the rates and how it could affect your motoring costs.
Millions of UK pensioners will see their state pension rise by £575 next year due to the triple lock. Find out how this above-inflation increase affects you and the debate it sparks.
Experts warn UK state pensioners to act now to trace lost pension pots and unclaimed bonds worth thousands. Five key steps to safeguard your finances revealed.
Thousands overpay tax on pension withdrawals due to emergency codes. Learn how to check your status and claim your refund from HMRC ahead of the festive season.
UK state pensioners with small private incomes face HMRC tax demands. The Triple Lock pushes pensions close to the frozen tax-free allowance, creating a political dilemma. Read the key facts.
Eligible pensioners aged 80+ can claim an extra £422.80 per month to top up low state pension payments. Learn about the DWP's Over 80 Pension, eligibility, and how to claim.
State pensioners with a two-digit 'M1' tax code may be owed thousands in emergency tax refunds from HMRC. Learn how to check your code and claim back an average of £3,539.
Chancellor Rachel Reeves confirms frozen tax bands, dragging millions into higher rates. Discover how fiscal drag impacts your income and pension. Sign up for our money-saving newsletter.