A record two million UK workers will be caught in the 'six-figure tax trap' from April, facing a 60% effective tax rate. Discover how fiscal drag and frozen thresholds are impacting middle-earners.
HMRC data reveals over two million workers will hit the £100k tax threshold by 2027, losing free childcare. Discover the impact of frozen tax bands and expert tips to mitigate the financial hit.
Taxpayers have just 18 days to file online and pay their Self Assessment bill by January 31, 2026, or face an automatic £100 fine. HMRC urges use of its app.
Financial expert Vicky Parry explains the crucial rules for selling items online while claiming Universal Credit. Learn what counts as income, when to declare, and how to avoid benefit penalties.
Over 1.3 million UK households received unexpected tax bills from HMRC last year, with frozen thresholds pushing more into the net. Find out if you're affected and what to do.
Over 1.3 million UK households received an unexpected tax bill from HMRC last year, with pensioners particularly affected. Find out why and what to do if you get one.
HMRC data shows 342 people submitted their self-assessment tax return in 2025's final hour. With the January 31 deadline looming, nearly 5.65 million still need to file. Avoid a £100 penalty by filing now.
HMRC issues a crucial reminder on tax rules for selling unwanted Christmas presents. Find out if your side hustle or gift sales could lead to an unexpected tax bill.
HM Revenue & Customs urges 5.7 million to file tax returns by Jan 31 or face penalties up to £900. Key details on fines, payment plans, and new Child Benefit rules.
HMRC has issued new guidance on tax refunds, explaining when you'll receive a P800 letter and how to resolve payment issues if your address changes. Learn the steps to claim your money.
Labour ministers raise inheritance tax relief for farmers after protests. The new £2.5m threshold takes effect in April. Read the full story on the policy climbdown.
The Government has scrapped plans to extend inheritance tax to more farms, raising the threshold to £2.5m after protests. Read the full story on the major policy reversal.
HMRC clarifies pension tax relief rules after a taxpayer query, advising claimants to monitor their accounts. Key deadlines and processes for automatic and manual claims revealed.
HMRC repaid £48.5m to pension savers hit by emergency tax. Check if your tax code ends in 'M1' and learn how to claim your average £3,539 refund now.
Chancellor's extended tax threshold freeze will push workers into punitive marginal rates up to 380 million percent. Discover how to protect your income.
A 4.8% State Pension rise leaves retirees just £22 from the tax threshold. Experts warn millions face a hidden tax squeeze as frozen allowances bite. Discover the full impact.
Resolution Foundation analysis reveals Rachel Reeves's income tax threshold freeze will disproportionately impact poorer households. Discover how this budget decision affects UK taxpayers.
HMRC is urging UK taxpayers to check if they've overpaid tax and are due a refund. Find out the common reasons and how to claim via the official app or GOV.UK.
Chancellor Rachel Reeves extends tax threshold freeze until 2030-31, dragging 5.2M more into income tax. Discover how this stealth raid impacts your finances and why it breaks manifesto promises.
Millions of UK workers risk £900+ fines if they miss the 31 January Self-Assessment deadline. HMRC urges action now to avoid penalties for late filing or payments.
New analysis reveals a tax threshold freeze extension could force 10 million UK pensioners to pay income tax by 2030. Discover the impact on your finances and what it means.
HMRC confirms millions may be due a tax refund. Check if you've overpaid on your pension, job pay, or expenses and discover how to claim via the HMRC app or GOV.UK.
New IFS analysis reveals how the frozen £12,570 tax threshold will pull millions into paying more income tax. Discover the impact on pensioners and low-income families.
Chancellor Rachel Reeves extends tax threshold freeze, dragging millions into higher brackets. Full state pension becomes taxable as Treasury seeks £8bn annually. Discover the impact.
HMRC clarifies a key restriction for filling in your self-assessment tax return. Discover the common formatting error blocking submissions and how to fix it to avoid delays.
Self-employed workers and landlords earning over £50,000 must prepare for HMRC's Making Tax Digital for Income Tax, requiring quarterly digital updates from April 2026. Learn how to adapt.
Chancellor Rachel Reeves reconsiders income tax plans. Explore the stealth tax options hitting workers and pensioners. Discover the Budget's financial impact.
HMRC is sitting on £1.5 billion in unclaimed tax refunds - discover if you're among the millions owed money and how to claim your cash before it's too late.
HMRC launches new digital reporting requirements for online sellers using platforms like Vinted and Depop. Find out if you need to complete a tax return and avoid potential penalties.
Millions of Brits face imminent HMRC deadline with just hours remaining to file self-assessment tax returns or risk substantial penalties. Essential guide to avoiding fines.