30 h. ago Raise personal tax allowance for state pensioners from £12,570 update as key threshold looms

Concerns are growing that Chancellor Rachel Reeves could freeze the threshold for longer - meaning those on basic pensions would pay tax

Economics

5 d. ago Fury as Reeves set to increase dividend tax in ‘hammer blow’ for investors in nightmare Budget

RACHEL Reeves is set to increase dividend tax in a "hammer blow" to investors in the upcoming Budget. In a move that has sparked fury, the Chancellor will reportedly increase the tax rate on earnings from shares in her Autumn budget this month. Brits are bracing for a raft of tax hikes on November 26...

Economics

6 d. ago Exactly what the letters and digits mean in your HMRC payslip tax code

HMRC works out each person's code based on their 'tax-free Personal Allowance and income you have not paid tax on'

Economics

7 d. ago Pensioners could pay £380 a year EXTRA in tax under Rachel Reeves’ Budget plot

MILLIONS of pensioners face paying an extra £380 a year in tax under Rachel Reeves' Budget plans. The Chancellor is expected to increase income tax by 2p in her Autumn Budget, while cutting National Insurance (NI) payments by 2p for earnings under £50,270. This would ease the burden on workers, as the income tax hike...

Economics

1 week ago Calls for Government to raise Personal Allowance tax threshold to £20,000

More than 10,000 people have signed a petition urging the Government to increase the Personal Allowance tax threshold from 12,570 to 20,000

Economics

1 week ago Raise HMRC personal income tax allowance from £12,570 to £20,000 update as key milestone hit

Chancellor Rachel Reeves is being urged to adjust the personal tax allowance limit for the lowest earners in the November Budget

Economics

3 w. ago Personal Allowance income tax threshold of £12,570 could increase at Autumn Budget

More pensioners will pay tax in retirement next year due to the frozen Personal Allowance.

Economics