60% Tax Trap Hits 77,000 UK State Pensioners
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.
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.
Lloyds Bank customers have reclaimed £2 million via chargebacks this year. The bank urges vigilance against festive scams and explains how to claim under Section 75.
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.
Martin Lewis reveals millions may have overpaid student loans. Discover if you're due a refund and the simple steps to claim your money back now.
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.
UK households could be eligible for a £174.50 TV Licence refund or discount. Find out if you qualify for a concession and how to claim your money back.
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.
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.
HMRC urges 3.5 million taxpayers to complete Self Assessment returns now to avoid £100 penalties. Know your tax bill before the 31 January 2026 deadline.
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.
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.
Sainsbury's has urgently recalled two chicken products due to undeclared allergens. Customers are warned not to consume the items and to return them for a full refund.
Martin Lewis reveals over 5 million Brits may have overpaid student loans. Learn how to check if you're owed hundreds and claim your refund today.
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.
Tax expert warns HMRC's flawed systems are catching innocent savers in its net. As the Autumn Budget approaches, calls grow for urgent reform to prevent unfair tax demands.
HMRC letters demand 63% tax from pensioners as Labour's 2p tax hike for high earners breaks election pledge. Autumn Budget set for November 26.
Chancellor Rachel Reeves eyes a 'pay-per-mile' tax hitting UK drivers heading to France. Critics slam the 'crazy' double cost. Find out how it affects your travel.
300,000 households abandon TV licences for streaming, securing £174 refunds. As the BBC faces leadership crisis, the licence fee is set to rise to £181. Discover if you're eligible.
HMRC could issue hefty tax charges for pension lump sums withdrawn before the Autumn Budget. Experts warn against rash financial decisions that risk long-term security.
Exclusive investigation reveals how HMRC is deducting thousands from state pension payments to recover historic tax debts, leaving retirees facing financial uncertainty. Learn who's at risk and what you can do.
Exclusive investigation reveals how frozen tax thresholds are dragging more pensioners into the tax net despite modest state pension increases.
HMRC is implementing new 'one-to-many' compliance powers that could see working households across Britain receive unexpected tax code changes and demands for underpaid tax.
UK online sellers face new tax reporting requirements as HMRC launches digital platform crackdown. Learn how the trading allowance changes could affect your side hustle.
Exclusive: Nearly 9 million state pensioners could be pushed into tax territory following April's 8.5% increase, with HMRC poised to collect billions.