Reeves Rules Out Income Tax, NI, and VAT Rises
Chancellor Rachel Reeves has used her first major speech to pledge no increases to Income Tax, National Insurance, or VAT, while warning of difficult spending decisions to rebuild the economy.
Category : Search result: Income Tax
Reeves urged to swap 2p NI cut for income tax rise
Exclusive: The Chancellor is facing calls for a radical budget overhaul that would cut National Insurance for workers but increase the basic rate of income tax, a move experts say could simplify the tax system.
10 Urgent HMRC Tax Warnings for UK Taxpayers
UK taxpayers are being alerted to ten critical HMRC deadlines and pitfalls that could lead to hefty fines. From Child Benefit to side hustles, ensure you're compliant.
270,000 Drivers Due £200M in Car Tax Refunds
Hundreds of thousands of British motorists are in line for a share of a £200 million cash pot from the DVLA. Discover if you're owed money for vehicle tax overpayments and how to claim your refund.
Labour's Tech Tax Threat: Could Cripple UK Digital Industry
Exclusive analysis reveals how Labour's proposed tax reforms targeting tech giants could spark a catastrophic investment exodus, jeopardising Britain's position as a global digital leader.
Family Firms: Labour Tax Plans Threaten Manufacturing Crisis
Exclusive: British family-owned manufacturers warn of investment freezes and potential closures as Labour's proposed tax changes threaten generational businesses. Industry leaders demand urgent government consultation.
Trump Threatens to Sue NY Times Over Tax Report
Former President Donald Trump has launched a furious threat to sue The New York Times after it published a report alleging he paid just $750 in federal income taxes in 2016. The explosive claim has ignited a fresh firestorm.
New UK Car Tax Rules 2025: EV Owners to Pay
Major Vehicle Excise Duty (VED) changes are coming in 2025. Our guide explains how the new UK car tax laws will affect electric and petrol car owners, who must pay, and how to avoid penalties.
Summer newlyweds face £100 HMRC fines for missed deadline
Couples who tied the knot this summer risk an unexpected £100 fine from HMRC if they fail to notify the tax office about their change in marital status by the 5 October deadline. Here's how to avoid penalties.
Australian workers secure largest income share in decade
New data reveals Australian employees are capturing a historically high share of national income, with strong wage growth finally outpacing profits in a major post-pandemic economic shift.
Trump Proposes Exempting Tips from Federal Income Tax
Ex-President Donald Trump proposes exempting tipped wages from federal income tax, a move that could put thousands of dollars back into the pockets of waiters and bartenders but faces significant legislative hurdles.
SUV drivers face new 'polluter penalty' tax in UK
Exclusive: New government proposals could see drivers of larger, heavier SUVs hit with significantly higher parking charges and taxes in a bid to reduce emissions and encourage a switch to electric vehicles.
1257L Tax Code: What It Means For Your UK Payslip
Millions of UK workers have a 1257L tax code. Our guide explains what it means, why you might have it, and the crucial signs that you could be paying too much tax.
UK's Wealth Divide Mapped: North-South Income Gap Revealed
Exclusive new data visualises the UK's shocking postcode lottery of wealth. Discover which regions have the highest and lowest disposable incomes and the key factors driving the nation's economic divide.
UK MPs Forced to Publicly Declare Tax Affairs in New Crackdown
In a landmark move for transparency, senior UK politicians and officials must now publicly disclose their tax affairs. Discover who is affected and why it matters.
HMRC urged to raise Inheritance Tax threshold to £500k
The Treasury faces mounting pressure to increase the IHT nil-rate band after 22 years of freeze, as average property prices push more estates over the tax threshold.
Reeves Scraps Business Rates in Major Tax Overhaul
Chancellor Rachel Reeves announces the abolition of the current business rates system, launching a comprehensive review to create a fairer tax regime for UK high streets and level the playing field with online giants.
State Pension Shock: Millions Face New Tax Bills
Exclusive: Millions of UK pensioners are set to be dragged into the tax net for the first time as the state pension is projected to breach the personal allowance limit within years, in a major blow to retirement incomes.
Urgent Car Tax Warning: Check Your Vehicle Registration Date
Drivers with cars registered between 2001-2017 face immediate road tax changes as new VED rates come into force. Discover if you're affected and how to avoid hefty penalties.
ATO's Tax Return Warning: Top 10 Mistakes to Avoid
The Australian Taxation Office issues an urgent alert to millions of taxpayers. Discover the top deduction pitfalls and compliance errors to avoid for a stress-free tax return this financial year.
Premier League Star Faces £300K HMRC Tax Bill
A top-flight English footballer is embroiled in a major tax dispute with HMRC over a £300,000 bill linked to image rights payments, in a case that could send shockwaves through the sport.
HMRC Alert: Claim Work From Home Tax Back Before Deadline
HM Revenue & Customs issues a critical alert to millions of UK employees. Time is running out to claim tax relief on work-from-home expenses for the 2023/24 tax year. Discover if you're eligible and how to secure your money back before the April 5th deadl
Martin Lewis: Check Your Payslip For Tax Cash Now
Money Saving Expert Martin Lewis issues an urgent warning to millions of UK workers. A simple payslip check could reveal if you've overpaid tax and are due a substantial refund from HMRC.
Labour's Secret 'Family Home Tax' Plot Exposed
Exclusive investigation reveals Labour's secret plans for a radical property tax overhaul that could hammer middle-class homeowners and shatter the British dream of owning a home.
Shein's UK Tax Strategy Exposed: Minimal Payments Despite Massive Sales
An investigation reveals Shein's controversial tax structure, leveraging its Singapore base to minimise UK contributions despite massive British sales, raising questions about tax fairness for online retail giants.
HMRC's urgent side hustle tax warning for Brits
HM Revenue & Customs issues a critical alert to millions of Britons with side incomes, warning of penalties up to 100% of owed tax for undisclosed earnings. Learn what you must report and how to avoid fines.
Your 2024 Guide to the £150 Council Tax Rebate
Struggling with the cost of living? Millions of UK households are eligible for a £150 council tax rebate. Our definitive guide explains who qualifies, how to claim, and what to do if you've been missed. Don't miss out on this crucial financial support.
Albo's Super Tax Bombshell Targets Young Aussies
Prime Minister Anthony Albanese is considering a major shift on superannuation tax concessions, a move that experts warn could disproportionately impact the financial futures of younger Australians and reshape retirement planning.
Tory Flat Tax Bombshell Sparks Furious Clash with Labour
UK politics erupts as Conservatives float dramatic 20% flat income tax, triggering explosive Commons showdown with Starmer's Labour over economic vision.
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