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.
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.
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.
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.
Money expert Martin Lewis explains how married couples can use HMRC rules to leave up to £1 million to their children without paying Inheritance Tax. Learn the crucial legal steps.
A major building society warns millions could face unexpected tax bills due to a planned hike on savings interest and frozen allowances. Discover how to protect your savings now.
Rising State Pension values, driven by the Triple Lock, could soon push retirees over the frozen tax threshold. Martin Lewis's Cash ISA tip may offer a solution. Learn how to protect your income.
UK state pensioners with small private incomes face HMRC tax demands. The Triple Lock pushes pensions close to the frozen tax-free allowance, creating a political dilemma. Read the key facts.
HMRC issues a warning to UK workers about emergency tax codes like W1, M1, and X. Learn what your tax code means and how to check you're not overpaying.
Due to the Triple Lock, state pensioners with modest private pensions could soon receive tax demands from HMRC as incomes near the personal allowance threshold. Discover the implications.
UK households could earn millions by reporting tax evasion under a new HMRC rewards scheme. Find out how to report and what you could earn.
UK couples can claim a tax break worth up to £1,260. Learn how the Marriage Allowance works, who qualifies, and how to backdate your claim for four years.
Nearly 900,000 UK households with £3,500 or more in savings may receive HMRC letters about tax on interest. Check your Personal Savings Allowance now to avoid surprises.
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.
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.
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.
Retirees with income under £50,270 can reduce their tax bill by £252 using Marriage Allowance. Claim this often-overlooked HMRC perk today.
The government confirms the 4.8% State Pension increase will not be taxed next year, but frozen personal allowance continues to pull retirees into the tax net. Discover the full details.
Martin Lewis explains how the extended tax threshold freeze until 2031 will push millions into higher tax brackets. Discover what fiscal drag means for your wallet.
UK households in council tax band D can get 100% discounts, leading to £0 bills before a 5% rise to £2,394. Learn how to apply for Council Tax Support.
Chancellor Rachel Reeves announces 3.8% increase to Married Couple's and Blind Person's Allowances in Autumn Budget. Find out how this affects your tax bill from April 2026.
Chancellor Rachel Reeves announces a double blow for savers: a cut to the Cash ISA allowance and an increase in tax rates on savings interest from April 2027.
Millions of low-to-medium earners face losing up to £200 as HMRC chases tax due to frozen thresholds. Discover how this impacts your finances and what experts say.
A cut to the Cash ISA allowance could cost higher-rate taxpayers £1,080. Discover how the rule change impacts your savings and what you can do.
Chancellor Rachel Reeves pledges no income tax for those with only a state pension this Parliament. But 'edge cases' with small extra incomes may still face HMRC bills from 2027.
Chancellor Rachel Reeves tells Martin Lewis state pensioners with no other income will not pay tax or fill in returns. A major clarification following the Budget.
HMRC has clarified its tax refund process, confirming payments will reach UK households within eight weeks. Learn how to claim your money and avoid common pitfalls.
A public petition urging HMRC to raise the Personal Tax Allowance to £20,000 has gained significant traction. Read the government's response and what happens next.
HMRC issues a £1,000 fine warning for UK content creators. Learn how to avoid penalties for exceeding the trading allowance and file your tax return correctly.
Chancellor Rachel Reeves' Autumn Budget delays the main financial impact until 2028, just before an election. Discover how tax freezes and new measures will affect UK households.