Category : Search result: income tax change


Call to Double State Pensioners' Tax Allowance

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.

HMRC rule change benefits 100,000 families

Over 100,000 UK families will no longer need to file a self-assessment tax return to pay the High Income Child Benefit Charge. The new HMRC system collects it via PAYE. Find out if you're affected.

HMRC uses AI to target tax evasion and fraud

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.

Chancellor's Tax 'Workaround' for State Pensioners

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.

New HMRC Rule Allows £2m Inheritance Tax-Free Transfer

Chancellor Rachel Reeves announces a major inheritance tax rule change for farmers and business owners. From April, couples can transfer unused relief, shielding up to £2m from tax. Discover the impact and reaction.

HMRC hikes penalties for late tax returns in 2026

HMRC introduces stricter late-filing penalties and higher interest rates for the January 2026 tax deadline. Learn how to avoid costly fines and ensure your tax return is filed on time.

Calls for £20,000 Personal Tax-Free Allowance Grow

A public petition urges the Labour government and HMRC to raise the personal allowance from £12,570 to £20,000, offering families potential savings of nearly £3,000. Over 28,000 have signed.

HMRC Sends New Tax Codes to UK Households

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.

UK Tax-Free Income Boost: Rent a Room for £7,500

Discover how HMRC's Rent a Room Scheme lets UK households earn up to £7,500 tax-free annually, potentially raising your total tax-free allowance to £20,070. Learn the rules and see if you qualify.

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