Category : Search result: tax allowance


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.

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.

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.

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HMRC could issue hefty tax charges for pension lump sums withdrawn before the Autumn Budget.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.

Page 3 of 4