Savings Tax Hike Warning for Millions of UK Households
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.
Category : Search result: Labour tax hike
Two-digit tax code could mean £3,539 HMRC refund
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.
Reeves' stealth tax warning for earners over £40,000
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.
HMRC's mandatory tax adviser register starts May 2026
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.
Pub chains raise prices due to £130m cost surge
Mitchells & Butlers, owner of Toby Carvery and Harvester, warns of menu price increases averaging 3.2% after facing a £130 million extra bill. Find out what's driving the hikes.
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.
Teens Hike Pen y Fan for Hospital Chemo Unit
Girls' football teams from Ammanford completed a charity hike up Pen y Fan, raising £1,250 for Prince Philip Hospital's Chemotherapy Day Unit. Discover how personal connections inspired their incredible effort.
HMRC's online selling crackdown is not a scare tactic
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.
Tesco Mobile freezes prices for 5.4m customers
Tesco Mobile pledges to freeze basic monthly prices for its 5.4 million customers, offering bill certainty amid widespread mid-contract hikes from rivals like O2.
Pensioners Warned of Council Tax Hike Under Labour
Chancellor Rachel Reeves considers doubling council tax for top bands, potentially forcing pensioners from homes. Learn the impact and reaction.
Council Tax Band D: £0 Bills Before £2,394 Rise
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.
HMRC sets 8-week deadline for UK tax refund payments
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.
Reeves defends tax rises in Labour Budget
Chancellor Rachel Reeves refuses to apologise for breaking Labour's tax pledge as Budget pushes tax take to record high. Read the full analysis of political reactions.
Autumn Budget: Alcohol duty rises with inflation
Chancellor Rachel Reeves announces alcohol duty will rise with inflation in the Autumn Budget, increasing costs for pub-goers and supermarket shoppers. Learn the full impact.
Cigarette price hike starts 6pm tonight
Chancellor Rachel Reeves announces tobacco duty rise above inflation in Autumn Budget. Find out how much more your cigarettes will cost from today.
Labour's £474 Car Tax and New EV Mileage Charge
Labour's Autumn Budget hikes the Expensive Car Supplement threshold to £50,000 and introduces a 3p per mile EV tax. Discover how these changes affect your wallet.
Supermarket Tax Hike After Budget U-turn
Tesco, Sainsbury's, Aldi and Lidl face millions in new business rates after Treasury reversal. Find out how this will impact shoppers.
Business Leader Warns Against Benefit Cap Scrap
AO founder John Roberts brands plans to scrap the two-child benefit cap 'madness' ahead of the Autumn Budget, warning Labour must 'man up' and make difficult decisions.
Tax Freeze Extension Warning for UK Earners Over £40,000
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.
Martin Lewis warns pensioners over state pension tax
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.
HMRC: Say 'allocate tax-free allowance' on calls
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.
60% Tax Trap Hits 77,000 UK State Pensioners
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.
Labour's Income Tax Hike: What It Costs You
Analysis reveals how a potential 1p Income Tax rise in the Autumn Budget could add over £200 to the average worker's bill. See the impact on your finances.
Labour urged to adopt Thatcher-era bank tax
SNP calls for windfall tax on banks to fund £300 energy bill reduction, citing Margaret Thatcher's similar proposal. Will Labour act in Autumn Budget?
Labour confirms pay-per-mile car tax for EV drivers
Labour's Autumn Budget confirms a new pay-per-mile tax for electric vehicles from 2028, potentially costing drivers £250 extra annually. Get the full details on this controversial u-turn.
Labour's council tax changes: Band hikes and 'mansion tax'
Chancellor Rachel Reeves' Autumn Budget could double council tax for top bands and introduce a 'mansion tax'. Discover how these changes might affect your household finances.
UK households face £500 HMRC bill in tax shake-up
Millions of working households could receive a £500 annual bill from HMRC due to proposed dividend tax changes. Learn how this impacts investors and savings.
Labour's new car tax may see 1 in 5 drivers surrender cars
A potential fuel duty hike and new pay-per-mile tax from Labour could see one in five drivers give up their vehicles. Discover the impact on household budgets.
Labour's pay-per-mile car tax u-turn confusion
Transport Secretary Heidi Alexander rules out national pay-per-mile road pricing, but sources suggest she misspoke. Confusion grows ahead of November Budget.
Labour's 10% Council Tax Hike Plan Revealed
Millions of UK households face council tax hikes of up to 10% as Labour considers removing the referendum requirement. Discover how this affects you.
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