14,000 UK households get IHT bills after gifts fail
HMRC has sent inheritance tax demands to 14,000 households after gifts given before death fell foul of the seven-year rule. Discover the tax rates and expert advice.
HMRC has sent inheritance tax demands to 14,000 households after gifts given before death fell foul of the seven-year rule. Discover the tax rates and expert advice.
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.
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.
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.
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.
Chancellor Rachel Reeves announces new tax bands for property and dividend income, with a top rate of 47% to ensure fairer taxation on assets.
Thousands of UK state pensioners could be forced to sell their homes due to new council tax surcharges of up to £7,500 annually. Learn about the impact and expert warnings.
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.
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 Shropshire man was hit with a £1,407 bill after his smart meter stopped working. Discover your rights and the upcoming industry review.
UK households earning over £50,000 face £8,165 tax demands due to frozen thresholds. Discover the impact on savings and capital gains and how to protect your finances.
Frozen income tax thresholds are creating a stealth tax rise, dragging millions into higher bands. Discover how to protect your finances from fiscal drag.
UK households are effectively losing £2,980 due to the frozen HMRC Personal Tax Allowance. Discover how this hidden tax rise impacts your income and who is affected most.
HMRC announces it will not pursue hundreds of thousands of state pensioners for minor tax debts as pensions outgrow the frozen Personal Allowance. Discover the full story.
Thousands of state pensioners could face £200.17 tax bills from HMRC as frozen income tax thresholds clash with rising pension payments. Learn how the Autumn Budget affects retirees.
Chancellor Rachel Reeves is set to extend the income tax threshold freeze to 2030, potentially dragging millions into higher tax bands. Discover how this 'stealth tax' could impact your finances.
Money expert Martin Lewis explains why state pensioners may soon pay tax, even without other income. Learn how frozen thresholds and April's increase impact you.
Nearly 9 million state pensioners could be pushed into paying income tax as the Chancellor extends the freeze on tax thresholds. Discover the impact of this Autumn Budget decision.
Thousands of UK savers face overpaying tax after HMRC sent duplicate bills. Tax experts warn recipients may panic and pay demands they don't owe. Learn how to challenge incorrect charges.
Wealthy UK pensioners could see a £2,500 tax bill increase following Chancellor Rachel Reeves' budget changes. Discover the impact of the potential income tax rise.
HMRC increases the trading income threshold to £3,000, freeing 300,000 from Self-Assessment. Discover how this tax simplification benefits you.
Chancellor Rachel Reeves considers a 20% 'settling-up' charge on assets for people leaving the UK, aligning with G7 nations and raising £2bn. Read the full details.
A UK taxpayer is wrongly pursued for a £2,500 debt after HMRC paid their tax refund to an impersonator. Learn how to protect yourself from tax refund scams.
HMRC increases the Blind Person's Allowance to £3,130, lifting the total tax-free personal allowance to £15,700. Discover if you're eligible and how to claim.
HMRC is using K tax codes to recover historic debts via PAYE, effectively creating a negative Personal Allowance for some UK workers. Discover what this means and how to check your payslip.
HMRC advises thousands of UK households to use a specific four-word phrase when calling to resolve tax code issues. Learn how to update your tax-free allowance efficiently.
HMRC is issuing P800 tax calculation letters. Check if you've overpaid tax and are due a refund on your pension, pay, or self-assessment. Act now to claim.
Nearly 80,000 pensioners face a punishing 60% effective tax rate due to a frozen tax threshold. Discover how this 'tax trap' works and what you can do.
HMRC has enlisted nearly 5,000 volunteers to test its new Making Tax Digital system for income tax, set to roll out for earners over £30,000 from 2027. Discover the changes.
2.3 million UK taxpayers face 62% marginal rates as HMRC's £100,000 threshold freeze creates stealth tax. Learn how this affects families and what you can do.