Two-digit tax code could mean £3,539 HMRC refund
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.
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.
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.
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.
HMRC can now track your online sales on platforms like Vinted and eBay. Exceeding thresholds could lead to fines or criminal investigation. Declare your side hustle now.
UK households in council tax band D can get 100% discounts, leading to £0 bills before a 5% rise to £2,394. Learn how to apply for Council Tax Support.
HMRC has clarified its tax refund process, confirming payments will reach UK households within eight weeks. Learn how to claim your money and avoid common pitfalls.
Chancellor Rachel Reeves refuses to apologise for breaking Labour's tax pledge as Budget pushes tax take to record high. Read the full analysis of political reactions.
Labour's Autumn Budget hikes the Expensive Car Supplement threshold to £50,000 and introduces a 3p per mile EV tax. Discover how these changes affect your wallet.
Tesco, Sainsbury's, Aldi and Lidl face millions in new business rates after Treasury reversal. Find out how this will impact shoppers.
AO founder John Roberts brands plans to scrap the two-child benefit cap 'madness' ahead of the Autumn Budget, warning Labour must 'man up' and make difficult decisions.
Electric vehicle owners face charging costs up to 18p per mile as Rachel Reeves introduces new 3p road tax. Discover how this impacts UK drivers and the future of EV taxation.
Chancellor Rachel Reeves is set to extend the income tax threshold freeze to 2030, potentially dragging millions into higher tax bands. Discover how this 'stealth tax' could impact your finances.
Chancellor Rachel Reeves will confirm a £575 state pension rise for 2026/27 under the triple lock. Discover how this increase affects pensioners and the looming tax threshold issue.
Money expert Martin Lewis explains why state pensioners may soon pay tax, even without other income. Learn how frozen thresholds and April's increase impact you.
HMRC advises thousands of UK households to use a specific four-word phrase when calling to resolve tax code issues. Learn how to update your tax-free allowance efficiently.
Nearly 80,000 pensioners face a punishing 60% effective tax rate due to a frozen tax threshold. Discover how this 'tax trap' works and what you can do.
Analysis reveals how a potential 1p Income Tax rise in the Autumn Budget could add over £200 to the average worker's bill. See the impact on your finances.
SNP calls for windfall tax on banks to fund £300 energy bill reduction, citing Margaret Thatcher's similar proposal. Will Labour act in Autumn Budget?
Labour's Autumn Budget confirms a new pay-per-mile tax for electric vehicles from 2028, potentially costing drivers £250 extra annually. Get the full details on this controversial u-turn.
Chancellor Rachel Reeves' Autumn Budget could double council tax for top bands and introduce a 'mansion tax'. Discover how these changes might affect your household finances.
Millions of working households could receive a £500 annual bill from HMRC due to proposed dividend tax changes. Learn how this impacts investors and savings.
A potential fuel duty hike and new pay-per-mile tax from Labour could see one in five drivers give up their vehicles. Discover the impact on household budgets.
Transport Secretary Heidi Alexander rules out national pay-per-mile road pricing, but sources suggest she misspoke. Confusion grows ahead of November Budget.
Millions of UK households face council tax hikes of up to 10% as Labour considers removing the referendum requirement. Discover how this affects you.
New research reveals 2.4 million over-55s are delaying moving home due to fears of a potential mansion tax in the upcoming Labour budget. Discover the full impact.
Labour's plan to close a pension tax loophole could see some retirees facing an effective 87% inheritance tax rate from April 2027. Experts warn this requires urgent financial planning.
HM Treasury has officially rejected calls to raise the personal tax allowance to £20,000, warning it would cost £50bn annually and risk essential public services.
Thousands of flat owners in England could face new £6,000 bills under Labour's proposed mansion tax. Discover how the Autumn Budget on November 26 might affect you.
Analysis reveals workers earning over £44,000 face a £2,978 tax hit over four years under Labour's threshold freeze. Discover how fiscal drag impacts your take-home pay.