Farm Inheritance Tax Threshold Raised to £2.5m
The government has tripled the inheritance tax threshold for farmland to £2.5m following pressure. Critics say it doesn't go far enough to protect family farms. Read the full story.
The government has tripled the inheritance tax threshold for farmland to £2.5m following pressure. Critics say it doesn't go far enough to protect family farms. Read the full story.
HMRC is launching an aggressive new crackdown on historic tax avoidance from 2026, with new powers, a US-style whistleblower reward scheme, and a surge in criminal investigations. Experts warn of risks.
Experts warn drivers may tamper with odometers to avoid Labour's new electric vehicle tax. Treasury considers enforcement crackdown as scheme aims to raise £1.9bn by 2030.
The Valuation Office clarifies how the new High Value Council Tax Surcharge will work for properties over £2 million from 2028. Learn about the targeted valuations and how it aims to create a fairer system.
Bereaved families could be hit with six-figure bills due to deferred council tax payments on high-value homes. Learn about the new surcharge and its long-term impact.
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.
HMRC has issued clear guidance on tax refunds after a cheque was sent to an old address. Learn the steps to correct the error and the helpline number to call.
The Government confirms a new pay-per-mile tax for electric vehicles. Find out how much you'll pay and when it starts.
Labour's new pay-per-mile tax for electric vehicles will be calculated at annual MOT tests from 2028. Discover how the eVED system works and what it means for UK drivers.
HMRC introduces stricter late-filing penalties and higher interest rates for the January 2026 tax deadline. Learn how to avoid costly fines and ensure your tax return is filed on time.
Nearly 18,000 HMRC investigations into wealthy UK households are open, with some lasting over 15 years. Discover the scale of the backlog and its impact.
Chancellor Rachel Reeves extends tax threshold freeze to 2031, dragging more pensioners into tax. Experts warn of unfairness and hardship for those on low incomes. Read the full analysis.
Thousands of retirees relying on state pension top-ups are being sent tax demands of around £800, falling outside Labour's new exemption. Discover the impact of frozen thresholds.
Chancellor Rachel Reeves's Budget reforms, with frozen income tax thresholds, are set to push retirees with modest savings into paying tax. Experts warn of fiscal drag and inheritance tax implications.
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 Autumn Budget's extended income tax threshold freeze until 2031 is a 'stealth tax' costing workers up to £4,420. Discover the generational split and financial impact.
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.
Discover the specific circumstances where UK motorists can legally avoid paying Vehicle Excise Duty from 2026, including classic cars and disability vehicles. Learn the new rules.
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.
The DVLA has issued an urgent warning, telling motorists they 'must' tax their vehicle even if no payment is due. Avoid fines by acting now.
UK drivers of electric and plug-in hybrid cars will face a new pay-per-mile tax from April 2028. Find out the rates and how it could affect your motoring costs.
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.
A public petition urging the government to raise the personal tax allowance to £20,000 has passed 30,000 signatures, piling pressure on Labour. Find out what happens next.
A major building society warns millions could face unexpected tax bills due to a planned hike on savings interest and frozen allowances. Discover how to protect your savings now.
Thousands overpay tax on pension withdrawals due to emergency codes. Learn how to check your status and claim your refund from HMRC ahead of the festive season.
HMRC issues a warning to UK workers about emergency tax codes like W1, M1, and X. Learn what your tax code means and how to check you're not overpaying.
HMRC has published the phased implementation dates for major tax reforms from the Autumn Budget, affecting savings, property, and pensions. Discover how and when the changes will impact you.
UK households could earn millions by reporting tax evasion under a new HMRC rewards scheme. Find out how to report and what you could earn.
State pensioners with a two-digit 'M1' tax code may be owed thousands in emergency tax refunds from HMRC. Learn how to check your code and claim back an average of £3,539.