60% Tax Trap Hits 77,000 UK State Pensioners
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.
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.
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.
HMRC's duplicate 'simple assessment' tax demands create confusion, with experts warning savers could overpay. Learn how to check your bill and avoid paying twice.
Nationwide warns customers to cash £50 bonus cheques by January 1, 2026, or risk missing out. Over 12 million received payments in the Big Thank You initiative.
HMRC urges UK taxpayers to file Self Assessment returns now. With 77 days until the 31 January deadline, early filing provides more time to prepare your payment.
HMRC is sending letters to self-employed and employed workers about an average £473 tax refund. Check your eligibility and claim online via the HMRC app before the deadline.
HMRC urges 3.5 million taxpayers to complete Self Assessment returns now to avoid £100 penalties. Know your tax bill before the 31 January 2026 deadline.
HMRC data reveals over a million state pensioners now face tax on savings interest due to frozen thresholds and high rates. Discover how this affects you.
HMRC warns Christmas crafters and side hustlers they must declare income over £1,000. Learn the tax rules for festive trading and avoid an unexpected bill. Check your obligations now.
HMRC warns self-employed workers have 100 days until the January 31 Self Assessment deadline. File your tax return early to avoid penalties starting at £100 and escalating quickly.
HMRC warns state pensioners with income over £35,000 must repay their £300 Winter Fuel Payment. Check if you're affected using the online calculator.
Tax expert warns HMRC's flawed systems are catching innocent savers in its net. As the Autumn Budget approaches, calls grow for urgent reform to prevent unfair tax demands.
HMRC letters demand 63% tax from pensioners as Labour's 2p tax hike for high earners breaks election pledge. Autumn Budget set for November 26.
Chancellor Rachel Reeves eyes a 'pay-per-mile' tax hitting UK drivers heading to France. Critics slam the 'crazy' double cost. Find out how it affects your travel.
Major DWP reforms this autumn will affect Universal Credit, PIP assessments and work capability rules. Here's what claimants need to know about the coming changes.
UK online sellers face new tax reporting requirements as HMRC launches digital platform crackdown. Learn how the trading allowance changes could affect your side hustle.
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 is preparing to issue automatic £100 fines to households who fail to complete tax returns on time, with experts warning this could impact millions during the cost of living crisis.
Shockwaves across Britain as tax authorities issue urgent payment demands with just 30-day deadlines. Discover why families are receiving these unexpected letters and what you need to do if one arrives.
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.
With the January 31st deadline approaching, HMRC warns taxpayers about common errors that could trigger penalties. Discover what to exclude from your return to stay compliant.
UK households are being warned about a crucial ISA deadline that could see them lose valuable tax-free savings allowances forever. Experts reveal how to protect your money.
Critical deadline looms for 1.6 million Britons as HMRC warns tax credit recipients must renew claims by July 31st or face payment cuts.
Nationwide Building Society warns customers of critical account changes requiring immediate action. Find out what you need to do to avoid service disruption this summer.
HMRC is preparing to send tax demands to thousands of Britons after PAYE errors left many underpaying tax. Discover who's affected and what you need to do.
Millions of Britons face a hidden tax storm as frozen thresholds and policy changes silently push household bills higher. Discover the dozen fiscal measures draining your finances.
Gardening experts reveal why your last lawn mow of 2024 is crucial for winter survival and spring revival. Discover the exact timing for the perfect final cut.
UK banking customers are flocking to open cash ISAs as the tax year end approaches, with experts warning of potential delays and highlighting significant benefits for savers.
Millions of UK businesses face a major tax system overhaul as HMRC's Making Tax Digital scheme expands in 2026. Discover how new digital reporting requirements will affect your business and what you need to do to prepare.
A revolutionary change to how HMRC communicates with taxpayers is underway, as paper correspondence becomes digital-first. Discover what this means for you and your finances.