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.
Analysis reveals workers earning up to £52,000 will be worst affected by a 'triple whammy' of tax and policy changes from the Autumn Budget. Discover the key impacts.
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.
Major UK retailers criticise the government for delaying until 2029 the end of a tax break for cheap imports from Shein and Temu, warning of unfair competition. Read the full story.
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.
A three-year freeze on the student loan repayment threshold could leave new graduates struggling with bills. The NUS warns it risks pushing repayments 'dangerously close' to minimum wage earnings.
The government raises the IHT threshold for farmers to £2.5m, a policy U-turn experts warn inflates land prices and benefits wealthy investors over family farms. Read the full analysis.
The UK government has revised its inheritance tax plans for farmers after protests. The new rules allow couples to pass on up to £5m. Find out what changed.
A TikTok creator advises using newspaper or a towel to prevent frost on windscreens, a cheap and eco-friendly alternative to idling your engine. Save money and protect your health.
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.
UK inheritance tax receipts reach £5.8bn in eight months, driven by frozen thresholds. Experts warn the 'quiet' revenue raiser is forecast to hit £14.5bn by 2031. Read the full analysis.
Labour's Pensions Minister confirms auto-enrolment thresholds will stay frozen, potentially reducing take-home pay. Experts warn of a squeeze for workers and tax implications for pensioners. Read the full analysis.
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.
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.
Millions of pensioners have received Winter Fuel Payments, but those earning over £35,000 will repay via tax codes. Find out how the new rules affect you.
Carers speak out after receiving brutal DWP letters demanding thousands in overpayments due to a 'cliff edge' earnings rule. Read the full story of the ongoing scandal.
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.
The RAC reveals a crucial car maintenance tip to prevent frozen windscreens this Christmas. Learn the simple cleaning trick that saves you time on frosty mornings.
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.
A two-week strike at a key frozen food storage facility in Lincolnshire threatens to disrupt turkey supplies for Christmas. Find out how the pay dispute could impact your festive dinner.
HMRC will launch a mandatory register for all tax advisers in May 2026. Learn about the new rules, penalties, and the £36m investment to modernise services.
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.
Facing frozen windscreens? Experts reveal how white vinegar and a raw onion can prevent ice and save your morning. Plus, essential winter car care tips.
HMRC can now track your online sales on platforms like Vinted and eBay. Exceeding thresholds could lead to fines or criminal investigation. Declare your side hustle now.
Experts warn British Gas, EDF, EON, Ovo and Octopus customers of the severe health and property risks of turning heating off completely this winter. Discover safer ways to save.