Category : Search result: 60 effective tax rate


UK inflation drops to 3.2%, an 8-month low

UK inflation fell more than expected to 3.2% in November, driven by lower food prices. Discover what this means for your cost of living and future interest rates.

HMRC Christmas Bonus Tax Warning Issued

HMRC warns a Christmas work bonus could push you into a higher tax bracket. A £10,000 bonus risks 40% tax. Experts recommend 'bonus sacrifice' into your pension.

Sharp Rise in Welsh Unemployment to 6.1%

Unemployment in Wales has surged to 6.1%, affecting 94,000 people, while economic inactivity remains stubbornly high at 24.5%. Explore the latest ONS data and political reactions.

UK unemployment jumps above 5% as hiring slows

UK unemployment rises to 5.1% with 22,000 fewer payrolled workers in September. Wage growth cools as the Bank of England faces pressure to cut rates. Read the full analysis.

Urgent warning for UK savers ahead of rate cut

Finance experts urge UK savers to move their money as the Bank of England is tipped to cut the base rate from 4% to 3.75% this week. Find out how to protect your savings.

HMRC Sends New Tax Codes to UK Households

HMRC is issuing revised tax codes midway through the 2025/26 tax year, impacting savers. Check your code now to avoid over or underpaying tax on your savings interest.

Nationwide Cuts Mortgage Rates to 3.58%

Nationwide Building Society has cut selected fixed mortgage rates to as low as 3.58%, offering a Christmas boost for home buyers and movers. Read the full details and expert reaction here.

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.

Chancellor's Tax Promise for State Pensioners

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.

Pre-Christmas Rate Cut Likely as Mortgage Rates Fall

The Bank of England is expected to cut interest rates on December 18, with markets predicting a 90% chance. This has already triggered mortgage rate reductions from major lenders, offering hope to home buyers.

NS&I November rule change warning for savers

NS&I customers warned about Premium Bonds prize rate cuts as new British Savings Bonds launch with higher interest rates. Expert analysis reveals what this means for your savings.

1 Million UK Households Now Paying 45% Tax Rate

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.

Council tax bills to rise by 5% next year

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.

Heating myth costing UK households hundreds

A common heating myth is inflating winter bills for British Gas, EDF, EON, Ovo, and Octopus customers. Experts reveal the cost-effective alternative to save money.

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