HMRC inheritance tax haul hits £256m as families caught by cash gift rules
The amount of inheritance tax paid on cash gifts has surged over 153% in a decade, with over…
HMRC provides further clarity on Budget changes
HMRC has provided further updates on the pension measures announced as part of the 2025 Budget, including changes…
State pensioners face £117 HMRC tax bills due to new rule | Personal Finance | Finance
State pensioners face tax bills for their state pension payments from 2027 even if they have no other…
Inheritance tax raid looms as Rachel Reeves confirms ‘biggest Budget fear’ for thousands of Britons
Chancellor Rachel Reeves confirmed the “biggest Budget tax fear” for thousands of households as more Britons are at…
HMRC set to punish state pensioners with 60% tax bill thanks to rule ‘quirk’
Nearly 80,000 pensioners were caught in a quirk of the earnings system and hit with an effective tax…
Is now the time to act? – The Irish News
QUESTION: I’ve been reading speculation that the UK Government might limit the amount of lifetime gifts I can…
‘Millions’ of over-55s face ‘unintended’ tax if they don’t make 1 simple money move | Personal Finance | Finance
Millions of Brits are at risk of unexpected bills as they have not completed one simple task. Experts…
HMRC to start deducting £33 a month from millions of state pensioners
Journalist Dan Whitworth has warned the taxman is poised to deduct £600 from state pensionersHMRC to start deducting…
HMRC to ‘punish’ state pensioners with small private pensions
The Government has faced criticism over the so-called stealth taxMore pensioners face having to pay income tax. Older…
State pensioners will have to repay £600 to HMRC ‘in just 12 months’ | Personal Finance | Finance
BBC Radio 4 Money Box journalist Dan Whitworth has said the HMRC is preparing to claw back £600…
HMRC warning over change to pension tax rules which kicked in on September 1
HMRC has tweaked pension tax rules – with a change from September 1. The taxman, now working under…
Tax department issues rules for pensioners who must pay £300 Winter Fuel Payment back
Pensioners with a taxable income over £35,000 will have the payment clawed back in one of two waysNot…