Category : Search result: tax on savings


£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 Sends Tax Code Letters to Millions

Millions of UK taxpayers are receiving crucial letters from HMRC about tax code changes that could significantly impact their finances. Here's what you need to know.

Reeves urged to end income tax threshold freeze

Chancellor Rachel Reeves faces mounting pressure to reverse the controversial income tax threshold freeze as new analysis reveals millions of Britons face significant tax increases amidst the ongoing cost of living emergency.

Labour's Car Tax Overhaul: What Drivers Need to Know

Exclusive analysis reveals Labour's potential overhaul of vehicle taxation could hit drivers with significant increases, targeting luxury and high-emission vehicles while reshaping motoring costs across Britain.

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.

HMRC to write off millions in worker tax debts

In a major cost of living relief measure, HMRC is set to automatically wipe tax debts for millions of workers who unknowingly underpaid during the pandemic. Discover if you're affected and what it means for your finances.

HMRC investigates 13,000 self-employed in tax crackdown

Thousands of self-employed Britons face HMRC investigations as the tax authority ramps up compliance checks amid cost of living pressures. Discover what's triggering these probes and how to protect yourself.

HMRC Tax Warning Letters Hit UK Households

Thousands of UK households are receiving unexpected demands from HMRC for tax underpayments dating back years. Discover what's behind these shock letters and how to protect yourself.

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.

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's 2026 Tax Digital Revolution Explained

Millions of UK businesses face a major tax system overhaul as HMRC's Making Tax Digital scheme expands in 2026. Discover how new digital reporting requirements will affect your business and what you need to do to prepare.

Six Tax Shakes Rachel Reeves Could Unleash

Chancellor Rachel Reeves is reportedly considering six major tax reforms that could reshape Britain's financial landscape, from inheritance tax to council tax overhauls.

Save £1,200 in 10 Minutes: Simple Money Hacks

Discover how Birmingham residents are saving hundreds of pounds using straightforward financial tricks that take just minutes to implement. From council tax reductions to forgotten refunds.

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