Category : Search result: personal savings allowance


HMRC demands £992 from low-income savers

Thousands of low-income savers and pensioners face surprise tax demands of £992 due to the frozen personal allowance. Discover how you might be affected and what it means for your savings.

All UK state pensioners to pay income tax

For the first time in history, all full state pensioners will pay income tax as the pension overtakes the frozen personal allowance. Discover the impact of this historic change.

Cash ISA Allowance Could Be Cut to £10,000

Chancellor Rachel Reeves is reportedly planning to slash the annual cash ISA limit from £20,000 to £10,000 in the Autumn Statement. Experts urge savers not to panic.

Urgent ISA warning as £20k allowance faces cut

Chancellor Rachel Reeves may slash the Cash ISA allowance from £20,000 to £10,000. Experts urge savers to use their full allowance before the November budget to shield savings from tax.

State pension rise brings tax sting for retirees

UK state pension set for a 4.8% rise, making retirees £1,300 better off. But a frozen tax allowance means many will face unexpected HMRC bills. Plan your retirement income now.

DWP Benefits Get 3.8% Increase Next April

Key DWP benefits including PIP and Carer's Allowance are set for a 3.8% increase next April, following the Labour government's November budget. Find out the new payment rates.

£75k earners face 60% effective tax rates

New analysis reveals how middle-income professionals face crippling effective tax rates as frozen thresholds create stealth tax raid on salaries above £75,000.

£46k+ Earners Face Higher Tax in Fiscal Drag Squeeze

New analysis reveals how the frozen income tax threshold is dragging more workers into higher tax brackets amid the cost of living crisis. Discover if your salary makes you one of the 'fiscal drag' victims.

HMRC Warning: Claim Your £689 Tax Refund Now

Thousands of UK households could be owed an average £689 tax refund from HMRC. Discover if you're eligible for this straightforward payment and how to claim before the deadline.

Nationwide: £200 Switch Bonus & 5.5% Savings Rate

Nationwide launches a double financial boost for savers - a £200 switching incentive plus a competitive 5.5% savings rate for qualifying members. Discover how to maximise your money in the current economic climate.

Major ISA Rule Change Coming in November

A significant shake-up to cash ISA regulations this November will allow savers to open multiple accounts of the same type for the first time, potentially revolutionising how Brits manage their tax-free savings.

State Pension Tax Trap: Millions Face 2026 Demands

Nearly nine million pensioners could be dragged into the tax net as the frozen personal allowance threshold collides with rising state pension payments, creating a fiscal timebomb for retirees.

Three DWP Benefits Paying Up to £737 Monthly

Exclusive investigation reveals how thousands are missing out on vital DWP support including Attendance Allowance, Carer's Allowance and Pension Credit during financial squeeze.

12 Stealth Tax Hikes Hitting Before 2026

Millions of Britons face a hidden tax storm as frozen thresholds and policy changes silently push household bills higher. Discover the dozen fiscal measures draining your finances.

HMRC begins bank account raids in tax crackdown

Exclusive: HMRC launches aggressive new powers to directly raid bank accounts of suspected tax dodgers, with thousands already receiving warning letters as cost of living crisis deepens.

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