HMRC's £920 tax demands hit over a million Brits
HMRC has issued over a million 'simple assessment' tax letters, with average bills soaring to £920. Experts warn frozen tax thresholds will intensify the burden. Learn what to do if you receive one.
Category : Search result: income tax thresholds
Tax rules to boost pensioners, squeeze middle earners
Analysis reveals millions of pensioners and benefit claimants will see incomes rise by 2031, while workers earning around £50,000 face a real-terms pay cut due to frozen tax thresholds.
Higher Tax Rate Looms for Most Scottish Workers by 2029
New analysis forecasts the average Scottish salary will breach the higher tax threshold by 2029, sparking a political row over SNP and Labour fiscal policies. Read the full details.
Poll: Most Americans Lack Basic Tax Literacy
A 2024 survey reveals a widespread lack of tax understanding in the US, with serious financial consequences. Experts call for urgent education reform.
Labour's 'Stealth Tax' to Make Workers £505 Poorer by 2030
A new report reveals how fiscal drag under Labour's tax policy will erode workers' incomes by 2030, while pensioners and benefit claimants see gains. Discover the hidden impact.
HMRC Confirms Dates for Major UK Tax Changes
HMRC has outlined when major tax changes from the Autumn Budget will take effect, impacting savings, pensions, and property income. Discover the key dates and how they affect you.
IRS 2026 Tax Brackets: Key Changes Explained
The IRS has announced new federal income tax brackets and standard deductions for 2026. Experts reveal how these inflation adjustments will impact your tax bill when you file in 2027.
Labour's Squeezed Middle Crisis Deepens
Middle-income families face mounting financial pressure as Labour's budget decisions trigger widespread anxiety. Discover why nurses, teachers and police officers feel betrayed.
Stealth Tax to Cost Britons £1,330 by 2029
Chancellor Rachel Reeves extends tax threshold freeze to 2031, costing average workers £1,330 annually through fiscal drag. Discover how this stealth tax impacts you.
Reeves: State pensioners won't pay tax this parliament
Chancellor Rachel Reeves guarantees state pensioners won't face income tax despite threshold freeze concerns. Read the full Budget analysis and what it means for you.
Poll: Public Rejects Reeves' Budget as Unfair
A new YouGov poll reveals the British public's harsh verdict on Rachel Reeves' Budget, with most finding it unfair and unaffordable. Discover the key findings and political fallout.
Budget 2025: Fact Checking Key Political Claims
Full Fact examines claims about tax thresholds, NHS appointments, unemployment and house building from the 2025 Budget debate. Read our detailed analysis.
IFS: Labour's Budget a 'Fiscal Fiction'
Rachel Reeves' budget faces IFS criticism as 'fiscal fiction' with most tax rises delayed until 2029. Will Labour's election-year plans prove realistic? Read our analysis.
Budget 2025: Your Calendar for Key Changes
Your complete guide to when every major Budget 2025 change hits your wallet, from the state pension rise to the end of the two-child benefit cap. Plan your finances now.
Reeves Defends Tax Threshold Freeze After Budget
Chancellor Rachel Reeves faces scrutiny over frozen tax thresholds in BBC interview. Analysis reveals political manoeuvring behind Budget 2025 announcements. Read the full breakdown.
Martin Lewis Delivers His Budget Verdict
Money expert Martin Lewis shares his verdict on the Budget after interviewing Chancellor Rachel Reeves. Key announcements include tax threshold freezes and ISA changes. Watch the full interview tonight.
Council Tax to Rise 5%: How to Cut Costs
Millions face a 5% council tax hike next year, adding £114 to typical bills. Discover actionable ways to reduce your payments and challenge your band.
IFS: 'Truly Dismal' Income Growth in Labour Budget
Institute for Fiscal Studies analysis reveals average disposable incomes will grow just 0.5% annually, warning of spending challenges ahead. Discover the full verdict.
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.
Tax Threshold Freeze Extended to 2031 - £759 Extra Bill
Chancellor Rachel Reeves extends income tax freeze until 2031, creating £7.6bn stealth tax. Poorest workers face £759 extra annually as fiscal drag hits 1.7 million.
Reeves defends Budget amid record tax burden claims
Chancellor Rachel Reeves insists her Budget keeps taxes at an 'absolute minimum' for workers despite forecasts of a record tax burden and criticism over frozen thresholds. Discover the key measures.
Reeves defends tax freeze and swipes at Farage
Chancellor Rachel Reeves defends freezing income tax thresholds until 2031, a move affecting 1.5 million people. She also took a swipe at Nigel Farage over Reform Party 'traitors'.
Reeves defends £30bn Budget tax rise as 'minimum'
Chancellor Rachel Reeves insists her £30bn Budget tax increase is the 'absolute minimum' despite Treasury watchdog identifying only £6bn shortfall. Read the full analysis.
Pensioners gain £575 while workers face tax squeeze
Chancellor Rachel Reeves protects pension triple lock with 4.8% increase while hitting workers with stealth taxes and ISA cuts. Is generational fairness at risk?
1 Million More Pensioners Hit by Income Tax Freeze
Chancellor Rachel Reeves extends income tax threshold freeze to 2031, dragging over a million pensioners into the tax net. Discover the full impact on retirees and working people.
Scottish families face double tax threat from SNP
Scots could face additional tax hikes as SNP ministers refuse to rule out following Rachel Reeves' threshold freeze. Learn how this affects Scottish households.
Reeves' £26bn Budget Targets Wealthy with New Taxes
Chancellor Rachel Reeves unveils a £26bn tax-raising budget targeting the wealthy to fund child benefit reforms and energy bill cuts. Key measures include a mansion tax and frozen thresholds.
Reeves' Budget Sparks Manifesto Promise Debate
Chancellor Rachel Reeves faces scrutiny over whether freezing tax thresholds breaks Labour's manifesto commitments. Analysis reveals how wage growth could push more into paying income tax.
Rachel Reeves' Budget Speech Offers No Surprises
Chancellor Rachel Reeves' budget speech contained no new announcements after policy leaks. The OBR accidentally published the full document ahead of delivery.
Reeves' £26bn Budget: Tax Rises Hit Millions
Chancellor Rachel Reeves unveils 43 tax rises in her second Budget, dragging millions into higher tax bands while scrapping the two-child benefit cap. Discover the full impact.
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