HMRC 'Minus Allowances' Cut UK Take-Home Pay
Thousands face reduced pay as HMRC uses 'K' tax codes to claw back debts via PAYE. Experts explain the 'minus allowance' and what to do if you're affected.
Thousands face reduced pay as HMRC uses 'K' tax codes to claw back debts via PAYE. Experts explain the 'minus allowance' and what to do if you're affected.
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.
Millions face a tax bill after the cash ISA allowance was cut from £20,000 to £12,000. Analysis reveals higher-rate taxpayers could lose £1,216. Explore tax-free alternatives now.
UK households face higher tax on savings interest from 2027. Learn how the personal savings allowance and new ISA caps will affect your money. Act now to protect your savings.
HMRC urges eligible married couples and civil partners to claim Marriage Tax Allowance, worth up to £1,258. See if you qualify for this valuable tax break.
HMRC increases the effective Personal Allowance to £13,830 for qualifying couples via the Marriage Allowance. Learn how to claim and potentially backdate your claim for four years.
A key HMRC rule means anyone can increase their Personal Allowance by £1,000 through side hustles. Learn how to earn tax-free and use other savings allowances.
A frozen HMRC trading allowance is eroding the tax-free earnings of UK side hustlers on Vinted, eBay & Airbnb. See how inflation impacts your income.
The DWP has confirmed a 3.8% increase in weekly payments for PIP, DLA, Attendance Allowance, and Carer's Allowance, effective April 2026. See the new rates and how they affect you.
Money expert Martin Lewis clarifies ISA inheritance rules. Your tax-free savings could be subject to a 40% HMRC charge upon death. Learn how to protect your assets.
Money expert Martin Lewis details how surviving spouses can inherit an ISA allowance, keeping savings tax-free. He also warns of a crucial 40% Inheritance Tax risk.
Over a million UK pensioners are missing out on a vital DWP benefit worth up to £110.40 per week. Learn about Attendance Allowance eligibility, rates, and how to claim.
UK couples can claim a tax break worth up to £1,260. Learn how the Marriage Allowance works, who qualifies, and how to backdate your claim for four years.
Retirees with income under £50,270 can reduce their tax bill by £252 using Marriage Allowance. Claim this often-overlooked HMRC perk today.
Chancellor Rachel Reeves announces 3.8% increase to Married Couple's and Blind Person's Allowances in Autumn Budget. Find out how this affects your tax bill from April 2026.
Money expert Martin Lewis hits back at claims he caused the Cash ISA tax-free allowance reduction from £20,000 to £12,000 in Autumn Budget changes.
A public petition urging HMRC to raise the Personal Tax Allowance to £20,000 has gained significant traction. Read the government's response and what happens next.
HMRC issues a £1,000 fine warning for UK content creators. Learn how to avoid penalties for exceeding the trading allowance and file your tax return correctly.
Chancellor Rachel Reeves announces major ISA changes cutting tax-free savings limit to £12,000, but state pensioners retain full £20,000 allowance. Learn how this affects you.
Chancellor Rachel Reeves' Autumn Budget delays the main financial impact until 2028, just before an election. Discover how tax freezes and new measures will affect UK households.
Chancellor Rachel Reeves confirms the tax-free Cash ISA allowance will be reduced from £20,000 to £12,000 from April 2027. Discover how this impacts your savings.
Thousands warned as DWP confirms Income Support and Jobseeker's Allowance will end permanently in April 2026. Claimants urged not to ignore migration letters to Universal Credit.
Chancellor Rachel Reeves announces a DWP fraud crackdown aiming to save £1.2bn. The Targeted Case Review scheme will investigate Universal Credit claims. Read the full details.
Savings expert Alex Sitaras reveals smart strategies to shield your money from Rachel Reeves' planned ISA allowance cuts. Act now to maximise tax-free savings.
UK households earning over £50,000 face £8,165 tax demands due to frozen thresholds. Discover the impact on savings and capital gains and how to protect your finances.
Chancellor Rachel Reeves announces first rail fare freeze in 30 years. Commuters on expensive routes to save over £300. Budget also cuts Cash ISA allowance.
The UK government extends the income tax threshold freeze to 2031, a move set to raise £7.6bn and pull millions into higher tax brackets. Discover the full impact.
Frozen income tax thresholds are creating a stealth tax rise, dragging millions into higher bands. Discover how to protect your finances from fiscal drag.
UK carers face DWP penalties for earnings mistakes made up to eight years ago. Damning review reveals systemic failures causing distress. Read the full investigation.
Unpaid carer Vivienne Groom faces jail for Carer's Allowance overpayment. Read her heartbreaking story and the urgent call for DWP reform.