Category : Search result: government tax cut


Calls for £20,000 Personal Tax-Free Allowance Grow

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.

HMRC Sends New Tax Codes to UK Households

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.

£150 Energy Bill Cut for Fixed Tariffs from 2026

The Labour government confirms a £150 annual energy bill reduction for all households in England, Scotland, and Wales from April 2026, including those on fixed tariffs. Ministers pressure suppliers to pass on savings.

Pre-Christmas Rate Cut Likely as Mortgage Rates Fall

The Bank of England is expected to cut interest rates on December 18, with markets predicting a 90% chance. This has already triggered mortgage rate reductions from major lenders, offering hope to home buyers.

LED Christmas Lights Cut Energy Costs to 1p

MoneySavingExpert reveals a simple switch to LED Christmas lights can drastically reduce energy bills. Learn how to save money and still enjoy festive decorations this year.

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