Taxation

The Labour Party is proposing a major overhaul of council tax, with some areas facing bill hikes as high as 410%. A new report by the Institute for Fiscal Studies…

Rachel Reeves has confirmed that the 2025 Budget will be unveiled on November 26, setting the stage for major fiscal decisions. As concerns about a £41 billion shortfall in government…

A new analysis warns that inflation-linked rises to DWP benefits like Universal Credit and PIP may push the welfare bill to unsustainable levels by 2030.

Many pensioners in the UK have been caught off guard by unexpected tax charges on their pension withdrawals, prompting an increase in refund claims. The issue highlights ongoing concerns about…

In 2027, a new inheritance tax rule will tax pensions, leaving families facing hefty bills. With the changes, cohabiting couples could be hit hardest, as they lack the exemptions that…

HMRC has announced a new enforcement push to curb personal expenses being claimed in self-assessment tax returns. Following a successful trial, the tax authority plans to open more checks and…

Successful applicants can choose to receive the £150 support as a supermarket voucher, energy payment, or a direct Council Tax credit.

HMRC is changing how tax on extra income is reported, raising the threshold to £3,000. But despite this shift, tax will still apply on smaller side hustle earnings. Thousands may…

Many individuals may be unaware of potential discounts on their council tax. Learn more about the criteria that could reduce your bill.

Millions of households pay the full council tax bill each year without realising they may be eligible for a legal discount. A 25% reduction is available to several groups, but…

HMRC is urging nearly one million taxpayers to claim refunds they may be owed. Many individuals may not be aware of overpaid taxes and can check their eligibility through the…

A major transformation is underway for the UK’s PAYE system, as HMRC introduces a streamlined digital platform. With 50 new measures planned, the shift promises easier access for taxpayers and…

A petition advocating for the removal of tax and National Insurance deductions on overtime for emergency service workers is gaining traction. The proposal suggests that by making overtime more financially…

A long-standing tax relief scheme may offer real savings for households with disabled members. But few know how to access it, and even fewer realise they qualify. If your home…

Chancellor Rachel Reeves has hinted that tax increases may be necessary this autumn following the government’s welfare reform U-turn. With a £5 billion gap in the Treasury’s forecast, Reeves is…

Over seven million people are now set to pay a 40% income tax rate, with a significant rise in those affected. This sharp increase comes as the government maintains its…

Chancellor Rachel Reeves is preparing to announce a cut to the annual cash ISA allowance, lowering it from the current £20,000 limit. This move is expected to be unveiled in…

A surge in support for a petition calling for an increase in the personal tax allowance to £20,000 has sparked debate across the UK. With over 280,000 signatures, campaigners argue…

If you're living with one of five qualifying medical conditions, you could be entitled to a discount or even full exemption from council tax. Whether you're dealing with multiple sclerosis,…

By 2025-26, more than seven million people in the UK are expected to pay higher income taxes. This dramatic rise stems from frozen tax thresholds that have pushed millions into…

Reform UK's new policy could provide millions of low-paid workers with a tax-free annual payout of up to £1,000. The proposal, which targets the bottom 10% of earners, aims to…

In 2023, Tax Freedom Day in the UK falls on June 12th, a sign of the growing tax burden. With income tax thresholds frozen, more Britons are paying higher taxes.

Thousands of savers are seeing sudden changes to their tax codes as HMRC reacts to rising interest payments. With minimal warning, adjustments are being made to reflect unpaid tax on…

Economists are warning that rising public spending and limited fiscal headroom could prompt the UK government to consider new tax measures later this year.

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…