Category : Search result: discretionary income


Tax freeze hits low earners harder than rate rise

Resolution Foundation analysis reveals Rachel Reeves's income tax threshold freeze will disproportionately impact poorer households. Discover how this budget decision affects UK taxpayers.

UK Spending Power Falls for 4th Month

Discretionary income for 60% of UK households has fallen for the fourth consecutive month. Low and middle-income families face the tightest squeeze ahead of the Budget. Discover the full impact.

UK asylum support to become discretionary

Home Secretary Shabana Mahmood announces sweeping asylum reforms, making housing and financial support discretionary to tackle illegal migration. Read the full details.

HMRC cracks down on side hustle tax evasion

BBC money expert reveals HMRC's new powers to track your side income from online platforms. Discover what you need to declare and how to avoid penalties in our essential guide.

Lloyds & Santander Face Treasury Car Finance Probe

Exclusive: The Treasury Committee intensifies its investigation into discretionary commission arrangements, now targeting major banks including Lloyds and Santander over car finance practices.

Lloyds sets aside £450m for car finance claims probe

Exclusive: Lloyds Banking Group sets aside £450 million as FCA investigates discretionary commission arrangements in car finance market, potentially triggering compensation claims for millions of British motorists.

Lloyds sets aside £450m for car finance probe

Exclusive: Lloyds sets aside massive sum as FCA investigates discretionary commission arrangements in car finance market. Potential compensation claims could affect millions.

Trump's Tax Reforms: Slash Your Federal Income Tax Bill

Explosive new analysis reveals how Donald Trump's proposed tax reforms could eliminate federal income tax for millions while creating unprecedented savings for UK expats and investors. Discover what this means for your finances.

Teen Pregnancy Falls But Inequality Grows, Oxford Study Finds

Groundbreaking research from the University of Oxford shows a dramatic decline in teen pregnancies across the UK. However, the study exposes a troubling reality: girls from the most deprived backgrounds remain disproportionately at risk, highlighting a de

ABS Key Income and Housing Survey Delayed Until 2026

Exclusive briefing documents reveal a significant delay to the crucial ABS Income and Housing Survey, leaving policymakers and economists without vital data on wages, inequality, and housing costs until 2026.

US Inflation Outpaces Wages, Census Data Reveals

Fresh US Census data reveals a concerning economic trend: while median household income has dipped, inflation continues to erode purchasing power, creating a financial strain for American families.

Thousands Owed £5,000 in DWP Pension Back Payments

Exclusive: The DWP is urgently reviewing thousands of state pension cases after a major error was uncovered. Many retirees, primarily married women, could be due back payments averaging £5,000. Here's how to check if you're affected.

30M UK Drivers Owed Billions in Car Finance Scandal

A seismic investigation by the FCA into discretionary commission arrangements could see millions of British motorists claim compensation for unfairly inflated car finance payments. Here's how to check if you're affected.

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.

150,000 Brits Miss Out on £150 Energy Bill Discount

Shocking new figures reveal a massive £23 million in government support for energy bills is going unclaimed. Find out if you're eligible for the Warm Home Discount and how to apply before it's too late.

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