420,000 drivers pay luxury car tax after threshold freeze
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.
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.
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.
Chancellor Rachel Reeves's Autumn Budget sparks a 'double tax raid' on UK savings via ISA reforms and frozen tax thresholds. Discover the impact on your money and what you can do.
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.
A million pensioners may avoid income tax under a Labour plan, but ex-minister Steve Webb calls it 'unfair' to 2.5m already paying. Read the full analysis.
Chancellor Rachel Reeves confirms the inheritance tax freeze until 2031, doubling the number of families paying the 40% levy. Experts warn of a stealth raid on modest estates.
Chancellor Rachel Reeves commits to a tax 'workaround' ensuring state pensioners won't pay income tax on their pensions this parliament. Full details on the new personal allowance plan.
Chancellor Rachel Reeves pledges state pensioners won't need to file Self-Assessment forms on retirement benefits for this Parliament, offering relief as pension values rise.
Chancellor Rachel Reeves confirms pensions will be subject to inheritance tax, prompting a surge in older couples marrying for financial security. Discover the drastic steps being taken.
Chancellor Rachel Reeves announces a five-month fuel duty freeze until September 2026, but confirms a new pay-per-mile tax for electric vehicles starting in 2028. Read the full details.
Thousands of UK state pensioners face surprise £800 tax bills from HMRC, despite government promises to shield them from tax as the Triple Lock rises. Read the full story.
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.
Chancellor Rachel Reeves extends the 5p fuel duty cut until August 2026, offering motorists a £49 saving. The move is forecast to help reduce inflation.
HMRC data reveals a £41.8bn rise in tax receipts to £579bn, driven by threshold freezes. Read the full analysis of the Chancellor's fiscal impact.
Chancellor Rachel Reeves faces criticism as frozen tax thresholds will push state pensioners with small private savings into paying income tax from 2027. Experts warn of financial strain.
New Labour proposals could see UK workers paying tax on side income before they've earned it. Experts warn of unfairness and HMRC delays. Read the full analysis.
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.
Chancellor Rachel Reeves freezes income tax thresholds for 3 years, creating a 'two-tier' pension tax system. Critics warn it penalises savers. Read the full analysis.
Chancellor Rachel Reeves confirms low-income pensioners won't pay income tax from 2027. Get the full details on the tax perk and what it means for you.
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.
Chancellor Rachel Reeves confirms retirees whose sole income is the state pension will not pay tax or file returns, even if the pension exceeds the personal allowance. A major administrative win for pensioners.
Business owners warn HMRC's 'Strengthened Reward Scheme' may spark malicious tip-offs and costly investigations. Read the risks and expert analysis.
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.
Chancellor Rachel Reeves confirms frozen tax bands, dragging millions into higher rates. Discover how fiscal drag impacts your income and pension. Sign up for our money-saving newsletter.
Chancellor Rachel Reeves warned new pay-per-mile electric car tax from 2028 could spark a surge in mileage 'clocking'. Industry leaders fear it will damage the used EV market.
Chancellor Rachel Reeves pledges state pension-only retirees won't pay income tax this Parliament, addressing the frozen allowance issue. Read the full details and implications.
Cash-poor pensioners could be charged 8% interest on deferred payments for Labour's new 'high value council tax surcharge'. Experts warn of a debt trap for asset-rich retirees.
Pensioners could see 87% of their savings lost to a double tax under new Labour reforms. Learn how this affects you and what you can do to protect your family's future.