HMRC's tax warning for selling Christmas gifts
HMRC issues a crucial reminder on tax rules for selling unwanted Christmas presents. Find out if your side hustle or gift sales could lead to an unexpected tax bill.
HMRC issues a crucial reminder on tax rules for selling unwanted Christmas presents. Find out if your side hustle or gift sales could lead to an unexpected tax bill.
A 2024 survey reveals a widespread lack of tax understanding in the US, with serious financial consequences. Experts call for urgent education reform.
Chancellor Rachel Reeves's frozen tax thresholds will leave a £50k earner £505 worse off by 2031, while pensioners gain £306. Read the full analysis of this 'fiscal drag'.
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.
A new analysis reveals Labour's frozen tax thresholds will make a typical worker £505 worse off by 2030-31, while pensioners gain. Discover the full impact of fiscal drag.
Unite leader Sharon Graham accuses Labour of breaking promises and taxing workers instead of the super-rich. She demands a wealth tax and public energy ownership to fund public services.
HMRC clarifies pension tax relief rules after a taxpayer query, advising claimants to monitor their accounts. Key deadlines and processes for automatic and manual claims revealed.
Millions of UK drivers could be eligible for a 100% Vehicle Excise Duty exemption. Discover if you qualify for zero car tax and see the full list of criteria, including disability benefits and classic cars.
HMRC repaid £48.5m to pension savers hit by emergency tax. Check if your tax code ends in 'M1' and learn how to claim your average £3,539 refund now.
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.
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.
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.
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.
Rachel Reeves' Budget scraps the two-child benefit limit, lifting 500,000 children from poverty, while a nine-year income tax freeze becomes a £67bn 'stealth tax'. Discover the full analysis.
Rachel Reeves' Budget faces a furious backlash for 'punishing responsibility' with stealth taxes on workers and savers while scrapping the two-child benefit cap. Readers call it a 'kick in the teeth'.
Chancellor Rachel Reeves announces a 2% tax rise on property, savings and dividend income in her second Budget, targeting fairness. Discover the full details.
Chancellor Rachel Reeves extends tax threshold freeze until 2030-31, dragging 5.2M more into income tax. Discover how this stealth raid impacts your finances and why it breaks manifesto promises.
Chancellor Rachel Reeves extends the income tax threshold freeze until 2030, a 'stealth tax' pulling millions into higher brackets. Discover how this affects your finances.
Chancellor Rachel Reeves faces criticism over expected income tax threshold freeze, breaking previous promises not to raise taxes on working people. Analysis reveals impact.
Chancellor Rachel Reeves' first Budget brings tax changes, pension impacts, and cost-of-living measures. Discover how the 15 key announcements affect your wallet.
Sir Keir Starmer refuses to rule out extending income tax threshold freezes, a 'stealth' move that could see millions pay more. Learn how fiscal drag impacts your wallet.
Chancellor Rachel Reeves prepares major tax reforms including mansion taxes and pension changes in her November Budget. Discover how these measures will impact UK households and businesses.
Chancellor Rachel Reeves accused of breaking manifesto pledges with frozen tax thresholds, potentially dragging 1.75 million into higher rates. Experts warn of £8-9bn tax rise.
Chancellor Rachel Reeves' Budget is set to impose new taxes on ordinary workers and the South East while increasing benefits by £15bn. Discover the full impact.
New analysis reveals 1.3 million more Brits will pay 40% income tax as Rachel Reeves freezes thresholds, while pensioners get £550 rise. Read the full Budget impact.
PM Keir Starmer insists politicians must 'stick to their word' as he faces intense questioning on potential stealth taxes ahead of next week's crucial Budget. Full details on the cost of living focus.
Sir Keir Starmer refuses to comment on freezing income tax thresholds, a move that could raise billions through fiscal drag. Discover how this stealth tax affects you.
Keir Starmer refuses to rule out extending the income tax threshold freeze in next week's Budget, sparking a fiery PMQs exchange. Will Labour break its manifesto promise?
Rachel Reeves' plan to extend the income tax threshold freeze will leave working families over £1,000 worse off, breaking a key manifesto pledge. Discover the full impact.
Chancellor Rachel Reeves extends tax threshold freeze, dragging millions into higher brackets. Full state pension becomes taxable as Treasury seeks £8bn annually. Discover the impact.