Category : Search result: frozen personal allowance


Calls for £20,000 Personal Tax-Free Allowance Grow

A public petition urges the Labour government and HMRC to raise the personal allowance from £12,570 to £20,000, offering families potential savings of nearly £3,000. Over 28,000 have signed.

Chancellor Spares Low-Income Pensioners from Tax

Chancellor Rachel Reeves confirms state pensioners with no other income will not pay income tax in this Parliament, addressing concerns over frozen tax bands. Read the full details.

DWP's 35-hour Carer's Allowance rule warning

The DWP warns carers about a crucial 35-hour weekly rule for Carer's Allowance eligibility. Learn about the qualifying benefits and how to claim up to £333.20 monthly.

State pensioners to receive £575 extra next year

Millions of UK pensioners will see their state pension rise by £575 next year due to the triple lock. Find out how this above-inflation increase affects you and the debate it sparks.

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.

UK Tax-Free Income Boost: Rent a Room for £7,500

Discover how HMRC's Rent a Room Scheme lets UK households earn up to £7,500 tax-free annually, potentially raising your total tax-free allowance to £20,070. Learn the rules and see if you qualify.

Pensioners face tax demands due to Triple Lock

Due to the Triple Lock, state pensioners with modest private pensions could soon receive tax demands from HMRC as incomes near the personal allowance threshold. Discover the implications.

UK Christmas turkey shortage feared due to strike

A two-week strike at a key frozen food storage facility in Lincolnshire threatens to disrupt turkey supplies for Christmas. Find out how the pay dispute could impact your festive dinner.

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.

Warning for UK households turning heating off

Experts warn British Gas, EDF, EON, Ovo and Octopus customers of the severe health and property risks of turning heating off completely this winter. Discover safer ways to save.

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.

Cash ISA Allowance Slashed to £12,000 in 2027

Chancellor Rachel Reeves announces the cash ISA allowance will be reduced from £20,000 to £12,000 in April 2027. Find out how this tax-free savings rule change affects you.

Martin Lewis on 2027 Cash ISA Changes

Martin Lewis analyses the 2027 cash ISA allowance cut to £12,000 for under-65s, revealing a key 'win' for older savers. Discover what the Budget means for your tax-free savings.

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