Category : Search result: HMRC interest rates


£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.

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.

HMRC's marriage tax trap costs couples thousands

Millions of married couples across the UK risk unexpected tax bills as HMRC launches fresh compliance checks on Marriage Allowance claims. Discover if you're affected and how to protect your finances.

HMRC Sends Tax Code Letters to Millions

Millions of UK taxpayers are receiving crucial letters from HMRC about tax code changes that could significantly impact their finances. Here's what you need to know.

HMRC Warning: Claim Your £689 Tax Refund Now

Thousands of UK households could be owed an average £689 tax refund from HMRC. Discover if you're eligible for this straightforward payment and how to claim before the deadline.

HMRC investigates 13,000 self-employed in tax crackdown

Thousands of self-employed Britons face HMRC investigations as the tax authority ramps up compliance checks amid cost of living pressures. Discover what's triggering these probes and how to protect yourself.

HMRC Tax Warning Letters Hit UK Households

Thousands of UK households are receiving unexpected demands from HMRC for tax underpayments dating back years. Discover what's behind these shock letters and how to protect yourself.

West Midlands Driving Test Pass Rates Revealed

Exclusive data reveals shocking disparities in driving test success rates across West Midlands test centres, with some locations seeing fewer than one in three learners pass their practical exam.

UK unemployment set to hit 4.2% in 2024

New analysis reveals UK unemployment is forecast to rise significantly to 4.2% by mid-2024, with the Bank of England's interest rate hikes creating challenging conditions for businesses and job seekers alike.

Nationwide: £200 Switch Bonus & 5.5% Savings Rate

Nationwide launches a double financial boost for savers - a £200 switching incentive plus a competitive 5.5% savings rate for qualifying members. Discover how to maximise your money in the current economic climate.

New State Pension Rates Revealed for 2025

Millions of pensioners across the UK are set for a significant income boost next year as the full breakdown of new State Pension rates is officially confirmed. Discover exactly how much more you'll receive from April 2025.

HMRC Warning: Fake Tax Refund Scam Calls Exposed

HMRC has issued an urgent warning about sophisticated phone scams where fraudsters impersonate tax officials to steal personal and financial information. Learn how to spot these fake calls and protect yourself.

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