9 h. ago Council Tax fraud rises as more people falsely claim single person discount to save money

Most people do not consider falsely claiming the single person’s discount as Council Tax fraud.

Economics

5 d. ago HMRC confirms new income tax rule change starting from next year

HMRC has announced that sole traders and landlords with an income over £50,000 will be required to use Making Tax Digital (MTD) for Income Tax from April 6, 2026

Economics

1 week ago State pension age set to go up in 2026 for people born between these years

State pension age will be increasing next year from 66 to 67. The rise will be implemented in phases, with phase one in 2026 allowing some to still receive a pension at 67

Politics

2 w. ago John Swinney defends £20,000 pay rise for SNP ministers as 'principle of fairness'

John Swinney has claimed allowing his ministers a pay rise is guided by “fairness”.

Politics

2 w. ago HMRC makes £3,000 change to tax rules as households hit with £600 bill

The tax office will tweak the rules to allow you to earn £3,000 before you need to register to pay tax through the self-assessment system - but it doesn't mean you owe any less

Economics

2 w. ago Some workers can get £18,570 tax free by using HMRC saving loophole

The government allows workers to earn up to £12,570 without paying income tax - but there is a way to increase this figure using a lesser-known HMRC tax loophole

Economics

3 w. ago Millions of people on New State Pension set to pay tax due to frozen Personal Allowance

The Personal Allowance will be frozen at £12,570 until the 2028/29 financial year.

Economics

3 w. ago Millions of people could see their State Pension taxed as 'freeze' set to end

The full New State Pension is set to increase from £221.20 to £230.30 per week - however the personal tax-free allowance will be frozen until 2028

Economics

3 w. ago Married couples could raise personal tax threshold to £13,830 with backdated application

The tax-free Personal Allowance has been frozen for years on end and unless there's an unexpected u-turn from the government, is set to remain stuck at its current levels for at least another four years, until 2028

Economics

3 w. ago HMRC confirms change to Child Benefit due to start this summer

Child Benefit and Guardian’s Allowance payments will rise on April 7.

Politics

4 w. ago Major DVLA tax changes for petrol, diesel and electric car drivers

The DVLA has introduced a host of new road tax regulations from today which could see drivers paying significantly more than they have in the past. Here's a full rundown of the changes

Events

4 w. ago Real Madrid manager Carlo Ancelotti to stand trial accused of €1m tax fraud

Charged with not declaring earnings from image rightsItalian ‘not worried’ and has ‘total confidence in justice’The Real Madrid coach, Carlo Ancelotti, will appear in court on Wednesday to stand trial on charges of defrauding Spain’s tax office of more than €1m (£836,857) in undeclared earnings from image rights in 2014 and 2015.Prosecutors, who are seeking a jail term of four years and nine months, allege that the 65-year-old former Chelsea and Everton manager used shell companies outside Spain to create “opacity vis-a-vis the Spanish treasury concealing the real beneficiary of the income from the exploitation of his image rights”. Continue reading...

Politics

4 w. ago HM Treasury income tax personal allowance 'rise' verdict after £20k threshold calls

HM Treasury has given its verdict following fresh calls to increase the tax free Personal Allowance (which has been stagnant at £12,570 since 2021) to £20,000 per year

Economics