Category : Search result: ISA tax


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'.

Reeves urged: Don't tax cash in investment ISAs

Chancellor Rachel Reeves faces calls to avoid taxing cash held in stocks and shares ISAs after confirming the cash ISA limit will be slashed from £20,000 to £12,000. Industry warns of complexity.

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.

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.

Record £5.1bn ISA rush before allowance cut

UK savers deposited a record £5.1bn into Cash ISAs fearing a Budget cut. The new £12,000 cap from 2027 impacts affluent savers. Learn how to protect your savings.

ISA rule change to penalise 'sensible' cash savers

Chancellor Rachel Reeves's Autumn Budget changes will force savers to invest £8,000 of their ISA allowance. Experts warn it penalises low-risk savers and complicates retirement planning. Read the full analysis.

HMRC 'Wait' Warning for ISA Overpayments

HMRC tells savers to 'wait' for a letter if they overpaid into an ISA. Find out the tax implications and the crucial steps you must take now to avoid penalties.

Savers warned of £8,000 ISA allowance cut

Experts warn of 'unnecessary tax' as the cash ISA limit drops to £12,000 in 2027. Learn how to protect your savings and maximise your personal savings allowance.

Seven Ways UK Households Pay More Tax in 2026

Chancellor Rachel Reeves's tax changes for 2026 will impact millions. From frozen thresholds to new levies, discover the seven key ways your finances will be affected. Read the full analysis.

HMRC's 150% Tax Bill Shock for Self-Employed

Millions of newly self-employed face paying 150% of their tax bill upfront due to HMRC's 'payments on account' rule. Learn how it works and what you can do if you can't pay.

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