Taxation

Starting in 2026, millions of self-employed individuals and landlords will be required to adopt HMRC’s new MTD system for income tax. The move promises to streamline tax reporting, but businesses…

Pensioners in the UK are facing higher tax bills due to frozen income tax thresholds, with some expected to pay nearly £3,000 more over six years. Critics argue this creates…

The UK government’s new tax rates are about to hit drivers hard, with up to £5,490 in additional charges for petrol and diesel vehicles. Announced by Chancellor Rachel Reeves, these…

If you're looking to save on road tax, there are vehicles in the UK with some of the lowest costs, including options that cost just £20 a year. This list…

HMRC has reassured UK Premium Bond holders that their winnings are completely tax-free. This clarification aims to address confusion about whether such prizes require tax declaration.

Martin Lewis urges savers to act quickly and use their full £20,000 Cash ISA allowance before potential reductions. The Autumn Budget may bring significant changes, with rumours suggesting a cut…

Thousands of households across England are set to be hit with council tax bills exceeding £3,000 a year. The increases come as local authorities respond to funding pressures and rising…

A major UK tax reform will reshape the way foreign residents are taxed starting April 6, 2025. The end of the non-dom tax status is set to impact thousands across…

From April 2025, HMRC will raise interest rates on overdue tax payments, increasing financial pressure on businesses and individuals alike. This hike, part of a wider crackdown on unpaid tax,…

Starting April 1, 2025, electric vehicles will be subject to Vehicle Excise Duty (VED), with a minimal £10 charge for the first year. The DVLA has also clarified that historic…

Starting today, the DVLA car tax doubles for many new vehicles, including petrol, diesel, and electric cars. These changes come as part of a government plan to update tax rates…

A campaign calling for an increase in the UK’s personal tax allowance to £20,000 has gained significant traction. The Treasury has responded, stating that there are no plans to make…

New rules are coming for UK drivers in April 2025. While some face rising costs, others will continue to pay nothing at all.

New HMRC rules could mean major shifts for landlords and sole traders starting in 2026. With phased thresholds and stricter digital reporting requirements, the reforms will touch the lives of…

Many UK workers never question the tax code on their payslip — yet it quietly shapes their take-home pay. A small adjustment by HMRC can mean the difference between overpaying…

Starting in April 2026, over nine million state pensioners will be taxed for the first time as their pensions exceed the personal income tax allowance. This change, driven by the…

Experts warn that the continued freeze on tax thresholds is exacerbating the Stealth Tax issue, pushing more Britons into higher tax brackets. Chancellor Reeves faces growing pressure to act before…

Calls to raise the Personal Tax Allowance are reigniting debate over the fairness of the UK’s tax system. Millions could be affected if fiscal thresholds remain frozen through the next…

Pension fraud victims in the UK are being forced to pay tax on money stolen by criminals, sparking outrage across the country. Many are left in financial distress after losing…

Pressure is mounting on the government as calls to raise the Tax Allowance gain momentum. With a parliamentary debate now possible, the issue remains a focal point ahead of the…

The UK’s tax system is causing a huge financial burden for high earners, with many now facing tax rates of up to 60%. Thousands of workers, earning between £100,000 and…

Starting April 1, 2025, van owners will face a £10 increase in Vehicle Excise Duty, bringing the annual tax to £345. Electric vans will also be subject to Car Tax,…

As the government looks to implement significant cuts to disability benefits, Labour faces increasing internal criticism. Senior figures, including Diane Abbott and Andy Burnham, are calling for a wealth tax…

Starting in April 2025, new Inheritance Tax rules will affect how assets are taxed, with significant changes on the horizon. These adjustments are expected to impact many families, particularly those…

Martin Lewis has issued a warning to savers with over £10,000 in the bank, explaining how a little-known tax rule could mean they owe more to HMRC than they expect.

Most Cambridgeshire residents will see a council tax increase this year, with authorities adjusting their rates for 2025. While some districts have opted for a freeze, others have approved higher…

For decades, the state pension has been a lifeline for retirees, but now a major financial shift could change that. As pension payments increase, frozen tax thresholds mean millions may…

Those who pay in ten instalments rather than twelve will automatically benefit from this break in February and March, easing financial pressures at the start of the year.

A Labour MP has gone public with concerns over the proposed farm tax, calling for urgent changes to protect small family-run farms. Behind closed doors, discontent is reportedly spreading among…

Electric car drivers in the UK risk paying an extra £195 in road tax from April 2025. Renewing before the deadline could extend their tax exemption for another year.

Tax hikes could be on the horizon as Rachel Reeves eyes new revenue sources in the upcoming Spring Statement. From pensions to inheritance tax, five key areas may be targeted—will…

Savers may need to consider proxy ISAs if the annual cash ISA limit is reduced. Experts warn that holding too much cash in ISAs could hinder long-term growth.

Campaigners say the government’s tax policies are unfairly pushing pensioners into taxation, despite their limited incomes. With the state pension nearing the tax threshold, many retirees could soon find themselves…

Millions of UK taxpayers are now facing unexpected HMRC tax bills on their savings due to rising interest rates and frozen allowances. With more people exceeding their Personal Savings Allowance,…

Several Scottish councils are finalising their tax increases today, with some residents facing the largest hikes in years. More than half of the country’s local authorities are announcing their rates…

Thousands of families are facing unexpected inheritance tax bills as frozen thresholds and rising property values push more estates above the tax-free limit.