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Browsing Tag

Income tax

23 posts
BBusiness
HMRC sending £1,600 fine letters to taxpayers from Thursday | Personal Finance | Finance
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HMRC sending £1,600 fine letters to taxpayers from Thursday | Personal Finance | Finance

  • 27 July 2025
HMRC is set to issue fines of up to £1,600 to people who miss a vital tax deadline…
MMental health
Gamblers will have to pay taxes on their losses thanks to provision in Trump’s spending bill
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Gamblers will have to pay taxes on their losses thanks to provision in Trump’s spending bill

  • 11 July 2025
The Trump administration’s signature spending package contains a little-known provision which could radically upend the gambling industry. Previously,…
PPersonal finance
Birmingham Live
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Rachel Reeves could scrap ‘most hated tax’ with UK households set to benefit

  • 7 July 2025
Rachel Reeves has been urged to scrap the “most hated tax'” on pensions as UK households face a…
PPersonal finance
BBC expert says pensions 40 per cent 'super tax' can be avoided | Personal Finance | Finance
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BBC expert says pensions 40 per cent ‘super tax’ can be avoided | Personal Finance | Finance

  • 12 June 2025
A BBC This Morning Live expert has said that a simple financial trick could prevent people avoid being…
EEconomy
Maximum relief for low & middle-income earners: Aurangzeb - Budget 2025-26
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Maximum relief for low & middle-income earners: Aurangzeb – Budget 2025-26

  • 12 June 2025
ISLAMABAD: Finance Minister Muhammad Aurangzeb has stated that maximum possible relief has been provided to low- and middle-income…
PPersonal finance
Exact date all state pensioners will start paying tax after Triple Lock change | Personal Finance | Finance
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Exact date all state pensioners will start paying tax after Triple Lock change | Personal Finance | Finance

  • 5 June 2025
All state pensioners will have to start paying Income Tax on a specific date in the future even…
PPersonal finance
Pensioners can avoid 'unexpected' HMRC bill by spending £1 | Personal Finance | Finance
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Pensioners can avoid ‘unexpected’ HMRC bill by spending £1 | Personal Finance | Finance

  • 3 June 2025
Pensioners are being told to avoid an unexpected HMRC tax bill – by spending £1. That’s because of…
PPersonal finance
Warning to state pensioners earning over £597 a year | Personal Finance | Finance
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Warning to state pensioners earning over £597 a year | Personal Finance | Finance

  • 1 June 2025
State pensioners are being warned that they could owe Income Tax to HMRC if they earn more than…
PPersonal finance
State Pension £12.5k to £20k tax free threshold update | Personal Finance | Finance
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State Pension £12.5k to £20k tax free threshold update | Personal Finance | Finance

  • 27 May 2025
An online petition urging the UK government to raise the income tax personal allowance for all working Brits…
PPersonal finance
Personal allowance freeze sees pensioners in 40% or 45% tax double | Personal Finance | Finance
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Personal allowance freeze sees pensioners in 40% or 45% tax double | Personal Finance | Finance

  • 24 May 2025
The number of pensioners paying a 40% or 45% additional rate of income tax has just passed the…
United Kingdom
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