2 Million Face 60% Tax Trap as Thresholds Freeze
A record 2.06 million UK taxpayers will be hit by a 60% effective tax rate in 2026/27 due to frozen allowances. Discover the impact and strategies to mitigate the 'stealth tax'.
A record 2.06 million UK taxpayers will be hit by a 60% effective tax rate in 2026/27 due to frozen allowances. Discover the impact and strategies to mitigate the 'stealth tax'.
HMRC issues urgent warning to UK workers: you are responsible for checking your tax code, not your employer. Learn how to spot emergency codes and avoid overpaying.
The OBR warns Labour's pay-per-mile charge could reduce electric car sales by 440,000. Read how the government plans to offset the impact and support the EV transition.
A tech sector couple earning over £200k reveal how the UK's 62% marginal tax rate and loss of childcare support is forcing drastic financial decisions. Discover the 'brutal' reality of the £100k cliff-edge.
New HMRC rules implementing the EU's DAC7 directive are causing uproar. Millions selling online or renting property could face tax reporting burdens, with critics calling the rules 'farfetched' and an 'abomination'.
Frozen income tax thresholds have triggered over 1.3 million unexpected tax demands. Experts warn the number will exceed 2 million. Find out who is affected and what the government plans.
UK households face higher bills as 11 tax changes take effect in 2026, from alcohol duty to council tax hikes. Discover the key dates and costs.
Money Saving Expert Martin Lewis warns anyone earning over £12,570 to check their tax code immediately, as millions are wrong each year. Avoid overpaying or a shock bill.
The DWP will stop Universal Credit payments, worth over £800 a month, to killers and violent offenders detained in hospital. The move closes a legal loophole.
A public petition urges HMRC to raise the personal tax allowance to £15,597 and the higher-rate threshold to £62,379 to combat 'stealth tax' fiscal drag. The government must respond if it reaches 10,000 signatures.
Self-employed and small businesses face soaring tax bills as double-cab pick-ups are reclassified as cars. Find out how this HMRC rule change impacts you.
UK landlords earning over £50,000 must file quarterly digital tax summaries from April under HMRC's Making Tax Digital. Learn key deadlines and expert advice to avoid confusion.
HMRC has issued over 300,000 letters chasing tax bills of £100 or less, with critics calling the process a waste of time and money. Discover the impact of frozen tax thresholds.
HMRC announces a major crackdown on unpaid taxes, targeting individuals and companies. Learn about the new enforcement measures and the billions in revenue being pursued.
Millions of UK households will get a two-month council tax break in 2026 ahead of new property bands. Find out if you're eligible and how the new high-value surcharge will work.
Employees at Bellway Thames Gateway raised over £57,000 for Cancer Research UK and £3,300 for local charities in 2025 through golf days, hikes, and other events. Discover their inspiring community efforts.
Chancellor Rachel Reeves's tax changes for 2026 will impact millions. From frozen thresholds to new levies, discover the seven key ways your finances will be affected. Read the full analysis.
Millions of newly self-employed face paying 150% of their tax bill upfront due to HMRC's 'payments on account' rule. Learn how it works and what you can do if you can't pay.
Chancellor Rachel Reeves faces criticism over frozen tax bands, a 'stealth tax' pulling thousands into higher rates. Learn how it impacts wages and pensions.
New data reveals a 42% surge in drivers paying the £425 Expensive Car Supplement. Find out if your family car is caught in this tax bracket.
Frozen tax thresholds have dragged 420,000 motorists into paying the luxury vehicle levy, a 42% rise in two years. Discover how family cars are being caught in the tax net.
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.
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.
Jamie Cole, 25, died after falling from a hotel balcony. A coroner found his carer's responses 'inappropriate' but ruled no gross failures. Read his mother's heartbreaking statement.
Redrow South Midlands' Community Fund has awarded £2,600 to three Cambridgeshire organisations, supporting youth sports and adult disability services. Discover how the donations are making a difference.
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.
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.