2 Million Face 60% Tax Trap as Thresholds Freeze
A record 2.06 million UK taxpayers will be hit by a 60% effective tax rate in 2026/27 due to frozen allowances. Discover the impact and strategies to mitigate the 'stealth tax'.
Category : Search result: tax penalty
HMRC warns all UK households over tax code responsibility
HMRC issues urgent warning to UK workers: you are responsible for checking your tax code, not your employer. Learn how to spot emergency codes and avoid overpaying.
HMRC service meltdown risks £100 fines for millions
Millions face £100 fines as HMRC's customer service crisis delays vital tax codes. Experts reveal who may avoid a return and how to act before the deadline.
Couple hit by 62% tax charge in HMRC trap
A tech sector couple earning over £200k reveal how the UK's 62% marginal tax rate and loss of childcare support is forcing drastic financial decisions. Discover the 'brutal' reality of the £100k cliff-edge.
New HMRC DAC7 rules branded 'absurd' by businesses
New HMRC rules implementing the EU's DAC7 directive are causing uproar. Millions selling online or renting property could face tax reporting burdens, with critics calling the rules 'farfetched' and an 'abomination'.
1.3m UK Taxpayers Hit with Surprise Bills
Frozen income tax thresholds have triggered over 1.3 million unexpected tax demands. Experts warn the number will exceed 2 million. Find out who is affected and what the government plans.
11 UK Tax Changes Costing Households Thousands in 2026
UK households face higher bills as 11 tax changes take effect in 2026, from alcohol duty to council tax hikes. Discover the key dates and costs.
HMRC £100 fine warning for late tax returns
HMRC warns millions to file self-assessment by Jan 31 or face £100 fines. Learn about penalties, reasonable excuses, and payment options to avoid charges.
Martin Lewis: Check Your Tax Code Now
Money Saving Expert Martin Lewis warns anyone earning over £12,570 to check their tax code immediately, as millions are wrong each year. Avoid overpaying or a shock bill.
HMRC helpline crash risks £100 fines for millions
HMRC apologises after a technical fault shut helplines, causing chaos for 5.65 million taxpayers facing the January 31 self-assessment deadline. Avoid a £100 penalty by filing now.
HMRC £100 fines warning for late tax returns
Millions face a £100 penalty if they miss the January 31 self-assessment deadline. Experts urge immediate action to avoid fines and high-interest charges.
Petition Calls for Major Increase to Tax-Free Allowances
A public petition urges HMRC to raise the personal tax allowance to £15,597 and the higher-rate threshold to £62,379 to combat 'stealth tax' fiscal drag. The government must respond if it reaches 10,000 signatures.
HMRC toughens stance on tax penalty appeals
HMRC is taking a firmer line on late tax penalties, with cancellation rates falling. Experts urge taxpayers to act early to avoid fines, especially with new crypto rules.
Tax change could quadruple bills for UK van drivers
Self-employed and small businesses face soaring tax bills as double-cab pick-ups are reclassified as cars. Find out how this HMRC rule change impacts you.
HMRC alert: File Self Assessment by Jan 31 or face £100 fine
HMRC warns Self Assessment taxpayers of an immediate £100 penalty for missing the January 31, 2026 deadline, even if no tax is owed. Act now to avoid escalating fines.
HMRC: Automatic £100 penalty for missed tax deadline
HMRC urges taxpayers to file online by 31 Jan 2026 as app use surges 65%. Miss the deadline and face an automatic £100 fine. Pay via the HMRC app now.
HMRC penalty change for 12 million UK taxpayers
HMRC announces a cut to the late payment interest rate for Self Assessment returns. Over 12 million face fines if they miss the January 31 deadline. Act now to avoid penalties.
New HMRC rule: Landlords face 10 tax returns
UK landlords earning over £50,000 must file quarterly digital tax summaries from April under HMRC's Making Tax Digital. Learn key deadlines and expert advice to avoid confusion.
HMRC sends 300,000 'trivial' tax demands under £100
HMRC has issued over 300,000 letters chasing tax bills of £100 or less, with critics calling the process a waste of time and money. Discover the impact of frozen tax thresholds.
5.65m face £100 HMRC penalty over fast-approaching tax deadline
UK households risk an immediate £100 fine for missing the January 31 self-assessment deadline. HMRC warns 5.65 million returns are still outstanding. Act now to avoid penalties.
State pensioners get tax return boost from HMRC
HMRC clarifies that Winter Fuel Payments do not need declaring on Self Assessment tax returns, offering relief to pensioners. Over 5.6 million still need to file by the deadline to avoid penalties.
HMRC to 'Actively Pursue' Individuals and Companies Over Tax
HMRC announces a major crackdown on unpaid taxes, targeting individuals and companies. Learn about the new enforcement measures and the billions in revenue being pursued.
HMRC spares 300+ from fines after New Year's Eve tax rush
HMRC data reveals hundreds filed tax returns in the final hours of 2025, dodging £100 penalties. Experts warn of escalating fines for late submissions. Act now to avoid charges.
HMRC warns 5.65m over Self Assessment deadline
HMRC urges nearly 5.65 million people to file their Self Assessment tax return before the 31 January deadline to avoid an immediate £100 penalty. Online help is available on GOV.UK.
5.65 Million Face Self Assessment Deadline, HMRC Warns
HMRC warns over 5.65 million people to file their Self Assessment tax return before the 31 January deadline or face a £100 penalty. Act now to avoid fines.
Council Tax Break: Two-Month Holiday for UK Homes in 2026
Millions of UK households will get a two-month council tax break in 2026 ahead of new property bands. Find out if you're eligible and how the new high-value surcharge will work.
ISA rule change to penalise 'sensible' cash savers
Chancellor Rachel Reeves's Autumn Budget changes will force savers to invest £8,000 of their ISA allowance. Experts warn it penalises low-risk savers and complicates retirement planning. Read the full analysis.
UK ISA rule change brings £162 penalty for cash holdings
UK households could be hit with a £162 tax penalty under new HMRC rules targeting cash held in Stocks & Shares ISAs. Learn how the 2027 changes affect your savings.
Wood burner users risk £300 fine in smoke control areas
Households across the UK face fines up to £300 for using wood burners incorrectly in smoke control zones. Learn the rules on authorised fuels and Defra-exempt appliances to avoid penalties.
Seven Ways UK Households Pay More Tax in 2026
Chancellor Rachel Reeves's tax changes for 2026 will impact millions. From frozen thresholds to new levies, discover the seven key ways your finances will be affected. Read the full analysis.
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