HMRC Letters for Savers with £3,500+ in Accounts
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.
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.
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Chancellor Rachel Reeves confirms state pensioners with no other income will not pay income tax. Key update on frozen tax bands and fiscal drag explained.
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.
A pensions expert condemns the government's tax threshold freeze as unfair 'means-testing by proxy', creating a two-tier system for retirees. Read the full analysis.
Chancellor Rachel Reeves announces the cash ISA allowance will be reduced from £20,000 to £12,000 in April 2027. Find out how this tax-free savings rule change affects you.
Martin Lewis analyses the 2027 cash ISA allowance cut to £12,000 for under-65s, revealing a key 'win' for older savers. Discover what the Budget means for your tax-free savings.
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.
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.
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.
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.
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.
The UK government extends the income tax threshold freeze to 2031, a move set to raise £7.6bn and pull millions into higher tax brackets. Discover the full impact.
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.
Chancellor Rachel Reeves is expected to cut the tax-free cash ISA allowance from £20,000 to £10,000 in Wednesday's Budget. Experts warn this is a major blow for UK savers. Read more and learn how to protect your savings.
Chancellor Rachel Reeves to deliver Autumn Budget amid speculation of a Personal Tax Allowance hike for state pensioners. Will the triple lock push pensioners into a tax bill?
State pensioners with average savings face HMRC tax bills as the Personal Savings Allowance remains frozen. Discover how the Autumn Budget impacts your savings.
Over 5 million UK households face unexpected tax bills as rising interest rates push non-ISA savings beyond the £1,000 Personal Savings Allowance. Act now to protect your savings.
Chancellor Rachel Reeves' Autumn Budget may slash the Cash ISA allowance from £20,000 to £10,000. Experts advise savers not to panic and avoid rash financial decisions ahead of the announcement.
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 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.