Pensioners face £200 HMRC bills as tax thresholds freeze
Thousands of state pensioners could face £200.17 tax bills from HMRC as frozen income tax thresholds clash with rising pension payments. Learn how the Autumn Budget affects retirees.
Thousands of state pensioners could face £200.17 tax bills from HMRC as frozen income tax thresholds clash with rising pension payments. Learn how the Autumn Budget affects retirees.
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.
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.
Nearly 9 million state pensioners could be pushed into paying income tax as the Chancellor extends the freeze on tax thresholds. Discover the impact of this Autumn Budget decision.
Chancellor Rachel Reeves' Autumn Budget could slash the cash ISA allowance from £20,000 to £12,000, impacting savers and mortgage markets. Discover the full implications.
Thousands of UK savers face overpaying tax after HMRC sent duplicate bills. Tax experts warn recipients may panic and pay demands they don't owe. Learn how to challenge incorrect charges.
Wealthy UK pensioners could see a £2,500 tax bill increase following Chancellor Rachel Reeves' budget changes. Discover the impact of the potential income tax rise.
HMRC increases the trading income threshold to £3,000, freeing 300,000 from Self-Assessment. Discover how this tax simplification benefits you.
A UK taxpayer is wrongly pursued for a £2,500 debt after HMRC paid their tax refund to an impersonator. Learn how to protect yourself from tax refund scams.
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.
HMRC is issuing P800 tax calculation letters. Check if you've overpaid tax and are due a refund on your pension, pay, or self-assessment. Act now to claim.
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.
HMRC has enlisted nearly 5,000 volunteers to test its new Making Tax Digital system for income tax, set to roll out for earners over £30,000 from 2027. Discover the changes.
The Institute for Fiscal Studies warns that every state pensioner will become a taxpayer by 2027 unless the government grants an exemption. Discover the full impact of frozen tax thresholds.
HMRC's duplicate 'simple assessment' tax demands create confusion, with experts warning savers could overpay. Learn how to check your bill and avoid paying twice.
Coventry Building Society warns state pensioners on fixed incomes face paying more tax due to frozen thresholds. Discover the financial impact and planning tips.
HMRC is writing to UK households demanding £992 due to a frozen tax threshold. Discover how this stealth tax works and the legitimate way to avoid the payment.
Thousands of low-income savers and pensioners face surprise tax demands of £992 due to the frozen personal allowance. Discover how you might be affected and what it means for your savings.
A new HMRC tax band will impact one in four workers as threshold freezes extend to 2030. Discover how this tax shake-up affects millions of Britons.
For the first time in history, all full state pensioners will pay income tax as the pension overtakes the frozen personal allowance. Discover the impact of this historic change.
Chancellor Rachel Reeves faces warnings over plans to slash the cash ISA allowance from £20,000 to £10,000, risking the savings of millions. Discover the impact on your finances.
HMRC is sending P800 letters to millions who overpaid tax. Personal finance expert Dan Whitworth explains how to claim your average £473 refund. Check your doormat now!
HMRC urges UK taxpayers to file Self Assessment returns now. With 77 days until the 31 January deadline, early filing provides more time to prepare your payment.
UK savers urged to move cash ISA funds to higher-paying accounts ahead of potential Labour Budget changes. Discover top tax-free savings rates exceeding 4%.
HMRC is sending letters to self-employed and employed workers about an average £473 tax refund. Check your eligibility and claim online via the HMRC app before the deadline.
Over one million UK state pensioners will be dragged into paying tax on their savings in 2025 due to frozen allowances and high interest rates. Discover the full impact.
HMRC data reveals over a million state pensioners now face tax on savings interest due to frozen thresholds and high rates. Discover how this affects you.
Discover seven legal ways to reduce your tax bill ahead of the November budget. Act now to protect your savings from potential income tax rises.
Nearly one million more people, including pensioners, will pay higher taxes if the Labour government extends the income tax threshold freeze to 2030. Discover the full impact.
HMRC warns self-employed workers have 100 days until the January 31 Self Assessment deadline. File your tax return early to avoid penalties starting at £100 and escalating quickly.