Category : Search result: Income Tax hike


Call to Double State Pensioners' Tax Allowance

A parliamentary petition urges HMRC to double the personal tax allowance for state pensioners to £25,140. With 10,000 signatures, it seeks to protect pensioners from rising tax bills as thresholds remain frozen.

HMRC uses AI to target tax evasion and fraud

HMRC is turning to artificial intelligence to tackle a £700m tax gap and improve compliance. The technology will identify risks faster but human caseworkers will make final decisions. Read the latest.

Calls for £20,000 Personal Tax-Free Allowance Grow

A public petition urges the Labour government and HMRC to raise the personal allowance from £12,570 to £20,000, offering families potential savings of nearly £3,000. Over 28,000 have signed.

TV Licence to exceed £180 for first time in 2026

Millions of UK households face a new TV Licence hike in 2026, pushing the annual cost above £180. The rise, linked to inflation, could see more people cancelling. Read the full details.

HMRC Sends New Tax Codes to UK Households

HMRC is issuing revised tax codes midway through the 2025/26 tax year, impacting savers. Check your code now to avoid over or underpaying tax on your savings interest.

UK Tax-Free Income Boost: Rent a Room for £7,500

Discover how HMRC's Rent a Room Scheme lets UK households earn up to £7,500 tax-free annually, potentially raising your total tax-free allowance to £20,070. Learn the rules and see if you qualify.

Pub chains raise prices due to £130m cost surge

Mitchells & Butlers, owner of Toby Carvery and Harvester, warns of menu price increases averaging 3.2% after facing a £130 million extra bill. Find out what's driving the hikes.

Teens Hike Pen y Fan for Hospital Chemo Unit

Girls' football teams from Ammanford completed a charity hike up Pen y Fan, raising £1,250 for Prince Philip Hospital's Chemotherapy Day Unit. Discover how personal connections inspired their incredible effort.

Chancellor's Tax Promise for State Pensioners

Chancellor Rachel Reeves pledges state pension-only retirees won't pay income tax this Parliament, addressing the frozen allowance issue. Read the full details and implications.

1 Million UK Households Now Paying 45% Tax Rate

Frozen tax thresholds have dragged over 720,000 more people into the 45% additional rate band, taking the total beyond one million. Discover how this 'stealth tax' impacts the economy.

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