Category : Search result: inflation tax


HMRC demands £992 from low-income savers

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.

All UK state pensioners to pay income tax

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.

71% Support New 3p Pay-Per-Mile UK Car Tax

Chancellor Rachel Reeves proposes a 3p pay-per-mile car tax under a new VED+ system. 71% of Britons support EV drivers contributing to road costs. Discover the impact.

Universal Credit £312 annual increase confirmed

Millions on Universal Credit will receive an extra £312 yearly from April 2026 after DWP law change. Single claimants get £6 weekly boost as reforms ensure payments rise above inflation.

PIP benefits to increase by 3.8% in April

Millions on disability benefits will see a 3.8% payment increase from April 2025, adding up to £275 annually. Discover how the DWP's inflation-linked rise affects you.

1 Million Face Tax Hit in Labour Budget Plan

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.

UK drivers face £340 pay-per-mile tax bill

New pay-per-mile car tax charges could cost drivers up to £340 a year. Experts warn of a 'wicked problem' as public EV charging costs become a major barrier to adoption.

Council Tax Explained: Where Your Money Goes

Discover exactly how your council tax is spent, from social care to bin collections, and understand the key reasons behind rising bills across UK local authorities.

10 DWP benefits set for April 2026 increase

Universal Credit, PIP and other key DWP benefits are set for a significant rise in April 2026 following the latest inflation figures. Find out how much more you could receive.

Universal Credit claimants get 6.2% rise

Millions on Universal Credit will see a 6.2% income boost next April, an increase larger than the state pension rise. Discover what this means for you.

Price Warning for UK Shoppers on Key Staples

UK households face rising costs for chocolate, coffee, and fresh meat this November. Discover which items are falling in price and how to save ahead of Christmas.

UK Babybel price 17% higher than in France

UK households face a 17% price hike for smaller Babybel cheeses compared to France. Discover the cost details and what experts say about inflation trends.

HMRC's tax warning for UK pension withdrawals

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.

£75k earners face 60% effective tax rates

New analysis reveals how middle-income professionals face crippling effective tax rates as frozen thresholds create stealth tax raid on salaries above £75,000.

HMRC's new tax powers hit UK households

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.

Bank of England Holds Interest Rates at 5.25%

The Bank of England maintains interest rates at 5.25% for the sixth consecutive meeting as inflation concerns persist, with Monetary Policy Committee members divided on future direction.

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