HMRC Christmas Bonus Tax Warning Issued
HMRC warns a Christmas work bonus could push you into a higher tax bracket. A £10,000 bonus risks 40% tax. Experts recommend 'bonus sacrifice' into your pension.
HMRC warns a Christmas work bonus could push you into a higher tax bracket. A £10,000 bonus risks 40% tax. Experts recommend 'bonus sacrifice' into your pension.
Martin Lewis warns ISA savings face a 40% Inheritance Tax hit. Key details on spousal transfers, allowance changes from 2027, and how to protect your money.
Money expert Martin Lewis details how surviving spouses can inherit an ISA allowance, keeping savings tax-free. He also warns of a crucial 40% Inheritance Tax risk.
Finance experts urge UK savers to move their money as the Bank of England is tipped to cut the base rate from 4% to 3.75% this week. Find out how to protect your savings.
Savers with major UK banks can earn up to £450 extra by switching to top easy-access accounts. Discover the best rates from Chase, Cahoot & Monument Bank.
UK savers with Nationwide, Lloyds and NatWest can earn up to £450. Discover the top easy-access accounts from Chase, Monument Bank and Cahoot for 2025.
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.
UK savers are urged to act as billions in interest is lost due to account inertia. Experts warn now is the time to move money for better rates.
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.
LHV Bank unveils a competitive 4.25% AER easy-access savings account. Discover the details and how recent ISA changes make this a timely option for UK savers.
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.
Millions of 18-28 year olds are missing out on £512.77 in free government money by not using a Lifetime ISA. Discover how this simple savings trick could have earned young adults over £3.1bn.
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.
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.
Nearly 900,000 UK households with £3,500 or more in savings may receive HMRC letters about tax on interest. Check your Personal Savings Allowance now to avoid surprises.
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.
UK households have amassed £207 billion in Cash ISAs, a 14% annual rise, despite Chancellor Rachel Reeves slashing the tax-free cash allowance to £12,000 from 2027.
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.
Millions of UK households risk losing value on savings held in zero-interest current accounts. Experts urge moving funds to beat 3.6% inflation. Act now to protect your cash.
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.
NS&I customers warned about Premium Bonds prize rate cuts as new British Savings Bonds launch with higher interest rates. Expert analysis reveals what this means for your savings.
UK households can earn up to £135 in free interest by switching to high-rate 7% regular savings accounts. Discover how to make your money work harder against inflation.
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.
Chancellor Rachel Reeves announces a double blow for savers: a cut to the Cash ISA allowance and an increase in tax rates on savings interest from April 2027.
Asda rewards Christmas Savings Card users with up to £15 in surprise payments. Discover how the scheme works and how to get your bonus for 2026.
A cut to the Cash ISA allowance could cost higher-rate taxpayers £1,080. Discover how the rule change impacts your savings and what you can do.
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.
Savings expert Alex Sitaras reveals smart strategies to shield your money from Rachel Reeves' planned ISA allowance cuts. Act now to maximise tax-free savings.
UK households earning over £50,000 face £8,165 tax demands due to frozen thresholds. Discover the impact on savings and capital gains and how to protect your finances.