Category : Search result: personal allowance freeze


ISA Allowance Set to Be Halved in Budget

Chancellor Rachel Reeves is expected to cut the tax-free cash ISA allowance from £20,000 to £10,000 in Wednesday's Budget. Experts warn this is a major blow for UK savers. Read more and learn how to protect your savings.

HMRC to tax pensioners with average savings

State pensioners with average savings face HMRC tax bills as the Personal Savings Allowance remains frozen. Discover how the Autumn Budget impacts your savings.

Autumn Budget Sparks ISA Allowance Fears for Savers

Chancellor Rachel Reeves' Autumn Budget may slash the Cash ISA allowance from £20,000 to £10,000. Experts advise savers not to panic and avoid rash financial decisions ahead of the announcement.

HMRC K Tax Codes Cutting Personal Allowances

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.

Reeves' Stealth Tax Raid on Millions of Homes

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.

State pensioners face income tax from 2027

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.

UK's -10C Arctic freeze and snow wall forecast

The UK faces a severe -10C Arctic freeze with widespread snow. Amber health alerts are in force as temperatures plummet, posing significant risks. Read the full forecast.

Second UK snow bomb targets southern counties

A second major snow event is forecast for the UK, targeting Greater London, Kent, and Essex this weekend. The Met Office has issued severe weather warnings as temperatures plummet.

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.

Stealth Tax to Hit 10 Million UK Adults

Chancellor Rachel Reeves extends the income tax threshold freeze until 2030, creating a £8.3bn stealth tax impacting 10 million people. Discover the full financial consequences.

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.

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