Category : Search result: rental income tax


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.

Kitchen Locked Behind Hidden Door in London Flat Nightmare

A London tenant's dream move turned into a surreal nightmare when she discovered her kitchen was completely inaccessible due to a mysterious hidden door mechanism. The bizarre architectural flaw left her unable to cook or access appliances for days.

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.

Tenant outsmarts letting agent in contract rule dispute

A UK tenant was accused of breaking a strict tenancy rule, but the letting agent overlooked a crucial detail in the contract, leading to a dramatic reversal. Discover how the story unfolded and the important lesson for renters and agents alike.

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.

Liz Kendall urged to fix 'unfair' pension rules

New Work and Pensions Secretary Liz Kendall faces immediate pressure to reform the 'net pay' pension anomaly, which unfairly penalises low-earners saving for retirement. Campaigners demand swift action to end this injustice.

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.

Australia's Radical Plan: Link Wages to Productivity

A groundbreaking report from Australia's Economic Roundtable proposes a radical overhaul to tackle the cost-of-living crisis, calling for a direct link between wages and productivity to increase incomes and reform the tax system for a fairer future.

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.

Wuhan's Controversial 'Dog Rental' Service Sparks Fury

A controversial 'pet rental' service in Wuhan, China, allows customers to borrow dogs for short periods, sparking a fierce ethical debate on animal welfare and the humanisation of pets in post-lockdown society.

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