Category : Search result: HMRC tax reform


2024 Income Tax Changes: What You'll Really Pay

Millions of UK workers face significant income tax changes from April 2024. Our comprehensive guide breaks down exactly how the new tax rates and thresholds will impact your take-home pay.

HMRC's child benefit crackdown targets travel fraud

UK tax authorities implement strict new measures to combat child benefit fraud, requiring families to prove children live with them when travelling overseas. Learn how this affects British parents.

Scots Face £6,500 Council Tax Hike in SNP Overhaul

Homeowners across Scotland brace for financial blow as SNP government plans radical council tax overhaul that could see bills increase by up to £6,500 annually under controversial new property valuation system.

Reeves declares war on wealthy tax dodgers

Shadow Chancellor Rachel Reeves vows to target Britain's wealthiest tax evaders in radical HMRC overhaul, promising to recover £700m for public services while ruling out wealth tax for those paying their fair share.

Why Labour must tax wealth, not just income

As Labour prepares for government, experts argue that taxing wealth through mansion levies and council tax reforms could be the key to solving Britain's fiscal crisis without punishing ordinary workers.

ATO enlists debt collectors for tax recovery

The Australian Taxation Office has escalated its debt recovery efforts by hiring private debt collectors to pursue billions in outstanding taxes. Learn how this affects taxpayers and what you need to know.

HMRC Can Change Your Tax Code Without Warning

Millions of UK taxpayers face unexpected tax code adjustments as HMRC uses real-time data to modify PAYE deductions. Discover how this affects your pay packet and what you can do about it.

Reeves targets lawyers, accountants and doctors in budget

Chancellor Rachel Reeves is preparing to target lawyers, accountants, and doctors in her upcoming budget with new tax measures aimed at high-earning professionals. Discover how these changes could affect Britain's top earners.

HMRC side hustle tax investigation warning

HMRC launches major crackdown targeting side hustle income with new digital reporting rules starting April 2024. Discover if you're at risk of investigation.

Labour's £10bn Middle-Class Tax Raid Revealed

Exclusive analysis reveals Labour's shadow chancellor Rachel Reeves is planning a massive middle-class tax raid targeting pensions, investments, and property wealth to fund government spending.

Inheritance tax receipts hit record £6.3bn

HMRC reports unprecedented inheritance tax receipts as frozen thresholds and soaring property prices drag more families into the tax net. Discover how fiscal drag is transforming IHT from a 'wealth tax' to a middle-class concern.

HMRC Car Tax Blunder: Claim Your Refund Now

Shocking HMRC error sees thousands of drivers overpaying car tax due to incorrect vehicle classification. Our guide reveals how to check if you're affected and claim your refund.

Australian 'Death Tax' Proposal Sparks Boomer Backlash

A controversial new inheritance tax proposal in Australia has ignited fierce debate, with older generations pushing back against what they're calling a 'death tax' that would redistribute wealth from estates to younger Australians.

MPs: HMRC misses millions from gaming tax gap

A powerful Treasury Committee report reveals HMRC is failing to collect substantial tax revenue from major video game companies, including Fortnite maker Epic Games, urging urgent reforms to tackle digital economy tax avoidance.

HMRC Can Now Raid Bank Accounts for Unpaid Tax

HMRC gains controversial new authority to directly recover unpaid tax debts from millions of bank accounts without court orders, raising serious concerns about financial safeguards and taxpayer rights.

Reeves Plans Inheritance Tax Overhaul

Shadow Chancellor Rachel Reeves is considering a radical reform of inheritance tax that could see the controversial levy replaced with a lifetime gifts tax system, potentially transforming wealth transfer in Britain.

Instagram post triggers £5,000 HMRC tax investigation

A UK tradesman's innocent Instagram post about his new van led to a shocking £5,000 tax investigation. Discover how HMRC is monitoring social media and how to protect yourself from unexpected tax bills.

HMRC Warning For Millions Working From Home

UK tax authority alerts remote workers about common expense claim mistakes that could trigger investigations and penalties. Essential reading for anyone working from home.

Labour's Tax Raid: Pensions & Property Targeted

Exclusive investigation reveals Labour's Rachel Reeves planning sweeping tax reforms targeting pensions, property and savings, sparking fears of financial raids on middle Britain.

Scottish workers pay highest taxes in UK

Exclusive analysis reveals how Scotland's progressive tax system is penalising ambition and creating the highest tax rates in Britain, with middle-earners facing unprecedented financial pressure.

Reclaim Council Tax Overpayments - 3 Methods

Thousands of UK households could be owed significant council tax refunds. Discover three proven methods to check if you've overpaid and claim your money back today.

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