Category : Search result: HMRC tax rebates


2 Million Face 60% Tax Trap as Thresholds Freeze

A record 2.06 million UK taxpayers will be hit by a 60% effective tax rate in 2026/27 due to frozen allowances. Discover the impact and strategies to mitigate the 'stealth tax'.

Couple hit by 62% tax charge in HMRC trap

A tech sector couple earning over £200k reveal how the UK's 62% marginal tax rate and loss of childcare support is forcing drastic financial decisions. Discover the 'brutal' reality of the £100k cliff-edge.

New HMRC DAC7 rules branded 'absurd' by businesses

New HMRC rules implementing the EU's DAC7 directive are causing uproar. Millions selling online or renting property could face tax reporting burdens, with critics calling the rules 'farfetched' and an 'abomination'.

1.3m UK Taxpayers Hit with Surprise Bills

Frozen income tax thresholds have triggered over 1.3 million unexpected tax demands. Experts warn the number will exceed 2 million. Find out who is affected and what the government plans.

Martin Lewis: Check Your Tax Code Now

Money Saving Expert Martin Lewis warns anyone earning over £12,570 to check their tax code immediately, as millions are wrong each year. Avoid overpaying or a shock bill.

HMRC callers face £100 fine risk amid phone chaos

UK taxpayers risk £100 fines as HMRC's phone service automatically disconnects after 70 minutes. With the January 31 deadline approaching, experts warn it's 'pot luck' to get through. Read the full report.

Petition Calls for Major Increase to Tax-Free Allowances

A public petition urges HMRC to raise the personal tax allowance to £15,597 and the higher-rate threshold to £62,379 to combat 'stealth tax' fiscal drag. The government must respond if it reaches 10,000 signatures.

New HMRC rule: Landlords face 10 tax returns

UK landlords earning over £50,000 must file quarterly digital tax summaries from April under HMRC's Making Tax Digital. Learn key deadlines and expert advice to avoid confusion.

HMRC 'Trivial' Tax Letters Hit 300,000 Homes

HMRC issued a record 1.32 million 'simple assessment' tax demands last year, with 317,000 for £100 or less. Experts criticise the costly bureaucracy. Read the full analysis.

HMRC change risks millions underpaying tax

A mid-year HMRC change to Capital Gains Tax rates means millions filing self-assessment risk underpayment. Experts warn over 12 million must submit returns by 31 January.

2m Pensioners to Get HMRC Tax Letters

Over 1.3 million people received unexpected tax bills last year, with figures set to hit 2 million. Find out why pensioners are being targeted.

HMRC Rule Can Increase Tax-Free Allowance to £13,830

A legitimate HMRC rule allows married couples to transfer part of their Personal Allowance, potentially boosting one partner's tax-free limit to £13,830 and saving up to £1,258. Act before the April 5 deadline.

HMRC letters for savers with over £3,500

Nearly 900,000 UK savers may receive letters from HMRC to check tax on savings interest. Experts explain your obligations and what to do if contacted.

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