Category : Search result: windfall tax


Car Tax Reduced to £0: See Who Qualifies for Exemption

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.

UK faces gas shortage risk without home production boost

A leading energy expert warns the UK is dangerously close to gas shortages. With 85% of homes reliant on gas, securing domestic supply is critical for national security and avoiding price spikes. Read the urgent call to action.

Swinney: Scotland an 'Afterthought' to Westminster

First Minister John Swinney claims the UK Government is unwilling to support Scottish industry, citing 500+ recent job losses. He will demand urgent action in a meeting with PM Starmer.

Harbour Energy cuts 100 jobs, blames windfall tax

The UK's largest oil and gas producer, Harbour Energy, announces 100 offshore job cuts, citing the 'uncompetitive' windfall tax. Read the full story on the impact on the North Sea sector.

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.

Scrap Windfall Levy or Face North Sea Job Losses

Scottish Conservatives warn Rachel Reeves must end Energy Profits Levy in budget to prevent 1,000 monthly job losses and secure £16bn extra Treasury revenue. Read the analysis.

Energy firms make £125bn profit as bills soar

Exclusive analysis reveals energy giants have made £125bn in UK profits over five years. Campaigners demand Chancellor Rachel Reeves imposes fresh windfall tax in Budget.

New HMRC Tax Rules for Self-Employed in 2026

Self-employed workers and landlords earning over £50,000 must prepare for HMRC's Making Tax Digital for Income Tax, requiring quarterly digital updates from April 2026. Learn how to adapt.

2024 Income Tax Shock: How Much More You Pay

Millions of UK workers face higher income tax bills from April 2024 as frozen thresholds drag more earners into higher brackets. Our comprehensive guide reveals exactly how much extra you'll pay.

Reeves plans 'death tax' hikes and stealth Budget levies

Chancellor Rachel Reeves is preparing a blizzard of tax increases targeting wealthy estates and middle earners, with inheritance tax reforms and capital gains adjustments on the table. Meanwhile, horse racing escapes gambling reforms in what critics call

Reeves Declares War on Tax Dodgers with New Charge

Shadow Chancellor Rachel Reeves unveils bold plan to target non-doms and private equity with new tax measures to fund public services, as Labour positions itself as party of fiscal responsibility.

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.

Shell profits hit £34bn as production soars

Energy giant Shell reports staggering profits exceeding $43 billion, driven by unprecedented production highs in Brazil's offshore fields and Gulf of Mexico operations, sparking renewed debate about windfall taxes.

2024 Income Tax Changes: What You'll Really Pay

Millions of UK workers face significant income tax changes from April 2024. Our comprehensive guide breaks down exactly how the new tax rates and thresholds will impact your take-home pay.

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