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.
Nearly half of UK mortgage holders will see bills rise by £768 a year as fixed deals expire. The Bank of England warns of payment shocks despite recent rate cuts.
HMRC is launching an aggressive new crackdown on historic tax avoidance from 2026, with new powers, a US-style whistleblower reward scheme, and a surge in criminal investigations. Experts warn of risks.
A publican warns new business rates could cost his family firm £62,000 annually, with industry leaders fearing widespread closures. Read the full story.
HMRC is turning to artificial intelligence to tackle a £700m tax gap and improve compliance. The technology will identify risks faster but human caseworkers will make final decisions. Read the latest.
UK households face higher tax on savings interest from 2027. Learn how the personal savings allowance and new ISA caps will affect your money. Act now to protect your savings.
HMRC has issued clear guidance on tax refunds after a cheque was sent to an old address. Learn the steps to correct the error and the helpline number to call.
HMRC is reducing interest on late tax payments from 8% to 7.75% from January 9, following the Bank of England's base rate cut. Learn the new rates and key self-assessment deadlines.
HMRC announces lower interest rates for late tax payments and repayments following the Bank of England base rate cut. New rates take effect from 29 December 2025. Find out how this affects you.
The Senedd has unanimously approved a £116m transitional relief scheme to phase in tax increases for 25,000 Welsh businesses after the 2026 revaluation. Learn how this support will work.
Nationwide Building Society will reduce its Standard Mortgage Rate by 0.25% to 6.49% from 1 January 2026, following the Bank of England's base rate cut. Find out what this means for your repayments.
The Bank of England has cut the base rate to 3.75%, signalling a shift for savers and borrowers. Experts urge immediate action to secure top savings deals before banks follow suit.
A frozen HMRC trading allowance is eroding the tax-free earnings of UK side hustlers on Vinted, eBay & Airbnb. See how inflation impacts your income.
A public petition urges the Labour government and HMRC to raise the personal allowance from £12,570 to £20,000, offering families potential savings of nearly £3,000. Over 28,000 have signed.
The DVLA has issued an urgent warning, telling motorists they 'must' tax their vehicle even if no payment is due. Avoid fines by acting now.
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.
HMRC is issuing revised tax codes midway through the 2025/26 tax year, impacting savers. Check your code now to avoid over or underpaying tax on your savings interest.
A public petition urging the government to raise the personal tax allowance to £20,000 has passed 30,000 signatures, piling pressure on Labour. Find out what happens next.
A major building society warns millions could face unexpected tax bills due to a planned hike on savings interest and frozen allowances. Discover how to protect your savings now.
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.
HMRC issues a warning to UK workers about emergency tax codes like W1, M1, and X. Learn what your tax code means and how to check you're not overpaying.
HMRC has published the phased implementation dates for major tax reforms from the Autumn Budget, affecting savings, property, and pensions. Discover how and when the changes will impact you.
UK households could earn millions by reporting tax evasion under a new HMRC rewards scheme. Find out how to report and what you could earn.
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.
Nationwide's subsidiary, The Mortgage Works, slashes switcher rates by up to 0.20% for existing landlord customers, effective from Thursday 4 December 2025.
HMRC will launch a mandatory register for all tax advisers in May 2026. Learn about the new rules, penalties, and the £36m investment to modernise services.
Money expert Martin Lewis reveals who Premium Bonds truly benefit and compares NS&I's guaranteed savings rates. Find out if they're right for you.
Drivers of electric vehicles could face a higher pay-per-mile tax rate if they under-declare mileage. The new Labour eVED scheme will involve annual checks, sparking industry concerns about fairness and the switch to EVs.
Chancellor Rachel Reeves pledges state pension-only retirees won't pay income tax this Parliament, addressing the frozen allowance issue. Read the full details and implications.