HMRC to write off small tax bills for pensioners
HMRC announces it will not pursue hundreds of thousands of state pensioners for minor tax debts as pensions outgrow the frozen Personal Allowance. Discover the full story.
HMRC announces it will not pursue hundreds of thousands of state pensioners for minor tax debts as pensions outgrow the frozen Personal Allowance. Discover the full story.
Chancellor Rachel Reeves abandons income tax hike but will extend frozen tax bands in the Budget, dragging millions into higher tax brackets. Read the full analysis.
State pensioners with average savings face HMRC tax bills as the Personal Savings Allowance remains frozen. Discover how the Autumn Budget impacts your savings.
Over 5 million UK households face unexpected tax bills as rising interest rates push non-ISA savings beyond the £1,000 Personal Savings Allowance. Act now to protect your savings.
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.
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.
HMRC increases the Blind Person's Allowance to £3,130, lifting the total tax-free personal allowance to £15,700. Discover if you're eligible and how to claim.
HMRC is using K tax codes to recover historic debts via PAYE, effectively creating a negative Personal Allowance for some UK workers. Discover what this means and how to check your payslip.
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.
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.
2.3 million UK taxpayers face 62% marginal rates as HMRC's £100,000 threshold freeze creates stealth tax. Learn how this affects families and what you can do.
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.
Couples where one earns less than £12,570 could claim Marriage Allowance, saving £252 yearly. Over 2 million UK households are missing out on this tax break.
Chancellor Rachel Reeves is set to extend the freeze on income tax bands, dragging millions into higher tax brackets. Discover how this stealth tax will affect your finances.
UK state pension set to exceed tax-free allowance by 2027, forcing retirees to pay income tax. Discover the impact of the triple lock and fiscal challenges.
PM Keir Starmer declines to rule out freezing income tax bands as Autumn Budget approaches. Get the latest on potential tax changes affecting millions.
People on Income Support, Jobseeker's Allowance and ESA may need to apply for £25 Cold Weather Payments or risk missing out. Learn if you qualify and how to claim.
Chancellor Rachel Reeves has abandoned plans to increase income tax, breaking from speculation. Discover the full details of the upcoming Budget and its impact on your finances.
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.
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 petition demanding a doubled personal tax allowance for state pensioners is set to receive an official government response within 48 hours. Will the Treasury act?
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.
HMRC issues a tax warning to state pensioners as Triple Lock increases could push them into a higher tax bracket. Expert advice on maximising allowances.