Category : Search result: tax reduction


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.

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.

£150 Energy Bill Cut for Fixed Tariffs from 2026

The Labour government confirms a £150 annual energy bill reduction for all households in England, Scotland, and Wales from April 2026, including those on fixed tariffs. Ministers pressure suppliers to pass on savings.

New 3p Per Mile EV Tax Could Increase for Drivers

Drivers of electric vehicles could face a higher pay-per-mile tax rate if they under-declare mileage. The new Labour eVED scheme will involve annual checks, sparking industry concerns about fairness and the switch to EVs.

Chancellor's Tax Promise for State Pensioners

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.

Speke project awarded £7,842 to fight food waste

A Speke community project secures a £7,842 grant to help residents reduce food waste, learn vital cooking skills, and promote sustainability through workshops and a new community fridge.

1 Million UK Households Now Paying 45% Tax Rate

Frozen tax thresholds have dragged over 720,000 more people into the 45% additional rate band, taking the total beyond one million. Discover how this 'stealth tax' impacts the economy.

Council tax bills to rise by 5% next year

Millions of UK households face a 5% council tax hike in 2026. Discover expert tips on how to legally reduce your bill and save money with discounts and payment plans.

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