Category : Search result: HMRC tax reform


3-Day Warning For Parents Over £1,000s Childcare Cash

Urgent deadline alert for UK parents. Thousands could miss out on significant Tax-Free Childcare and 30 hours free funding if they don't act by the 31st March deadline. Here’s how to secure your money.

Urgent Child Benefit Deadline: Claim for 2013 Kids Now

HMRC issues critical alert as thousands of British families risk missing out on thousands of pounds in Child Benefit and National Insurance credits. Time is running out to claim for children born as far back as 2013.

Reeves Plans Landlord Tax Raid: NI on Rental Income

Exclusive: Chancellor Rachel Reeves is considering applying National Insurance to rental income in a major tax overhaul targeting landlords, as Labour seeks to fill a £50bn spending gap. The controversial move could reshape the UK's buy-to-let market.

UK landlords face tax overhaul on rental income

HMRC is considering a major tax overhaul that could see UK landlords paying tax on their gross rental income instead of profits. Discover how this proposed change might impact property investors and the rental market.

Vinted Sellers Face HMRC Tax Crackdown

A leading tax expert issues an urgent warning to Vinted and eBay sellers as HMRC's new data-sharing powers come into force, potentially landing thousands with unexpected tax bills.

Retirees Face £1bn Pension Tax Shock from HMRC

HMRC is accused of 'highway robbery' as new data reveals over 10,000 pensioners a month are hit with emergency tax on withdrawals, with many waiting months for refunds. Experts demand urgent reform to the 'cruel' system.

Stealth Tax To Cost Workers £1,200 as Thresholds Frozen

A brutal 'stealth tax' is silently crippling British workers' finances. With income tax thresholds frozen until 2028, millions are being pulled into higher tax brackets despite no real-terms pay rise. Discover how fiscal drag could cost you over £1,200 an

Aussie Expat's Dubai Tax Dodge Foiled in Court

A wealthy Australian expat's elaborate scheme to avoid paying millions in taxes by claiming non-residency from a Dubai apartment has been crushed by a landmark court ruling, setting a major precedent for global tax enforcement.

Lil Nas X Faces £80k Tax Bill from UK Government

Rapper Lil Nas X could be forced to pay a massive £80,000 tax bill to HM Revenue & Customs following a probe into his earnings from a 2022 UK performance, with experts warning of serious consequences for non-payment.

OnlyFans Millionaires Face HMRC Tax Investigation

Exclusive investigation reveals how top UK-based OnlyFans creators are making millions while HMRC launches major tax compliance operation targeting the lucrative adult content industry.

Pensioner wins £10k tax victory against HMRC

A retired British pensioner has successfully reclaimed nearly £10,000 after a landmark tribunal ruled HMRC unfairly taxed his pension. This case sets a crucial precedent for thousands of retirees facing similar tax demands.

HMRC's New Tax Rules for Vinted & eBay Sellers

UK online sellers on Vinted, eBay, and Etsy are being urgently warned about a major new HMRC tax rule change coming into force on January 1st, 2024. Here's what you need to know to stay compliant.

Rachel Reeves Abandons Labour's Mansion Tax Plan

Shadow Chancellor Rachel Reeves abandons Labour's proposed 'mansion tax' on high-value properties, signalling a significant policy U-turn and a new focus on economic stability to win voter trust.

UK slashes Child Benefit for children living overseas

Exclusive: The UK government is implementing a major crackdown on Child Benefit claims for children living overseas. The new 'UK link' test could see thousands of families lose crucial financial support. Here's what you need to know.

Crypto ISA Warning: Risk to Your Tax-Free Savings

Exclusive: A stark warning has been issued to UK investors hoping to hold cryptocurrencies like Bitcoin in a tax-free ISA. Experts reveal the one major pitfall that could see savers lose their valuable allowance and face a hefty tax bill.

Spender: Tax Reform Key to Young Australians' Future

Independent MP Allegra Spender makes a powerful case for overhauling Australia's tax system, arguing it's essential for improving housing affordability, wage growth, and intergenerational fairness for young Australians.

State Pension Tax Trap: Thousands Owe HMRC

A hidden tax trap is snaring UK state pensioners. Discover why you might owe HMRC even if your income is below the tax threshold and how to check if you're affected.

Ex-Chelsea star Burley hit with £465k tax bill over World Cup work

Former Scotland and Chelsea midfielder Craig Burley has been handed a staggering £465,000 tax bill by a judge for money earned during his punditry work at the 2018 World Cup for ESPN. The ex-footballer's financial 'disaster' serves as a stark warning to o

Reeves Launches Major Overhaul of UK Property Tax System

Chancellor Rachel Reeves launches a comprehensive review of the UK's property tax system, targeting council tax and stamp duty in a bid to create a fairer, more efficient model for homeowners and the Treasury.

Holly Willoughby's firm gets tax bill extension

Runnens Media, co-owned by TV presenter Holly Willoughby, has been granted extra time to settle a significant corporation tax bill, raising questions about the financial health of the celebrity-backed enterprise.

HMRC £42bn Unclaimed Tax Refund Alert

Exclusive: HMRC is sitting on a £42bn pot of unclaimed tax refunds. Our guide reveals the simple checks to see if you're owed money and how to claim it securely.

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