Rachel Reeves confirms cash ISA perk for state pensioners
Changes will impact how much money households can put into the accountsRachel Reeves has confirmed new ISA rules.…
HMRC set to punish over 1,000 households after gifting loved ones cash
New figures release by the HMRC reveal the amount of inheritance tax paid on cash gifts has surged…
HMRC set to pursue 63,000 people over their estates
Chancellor Rachel Reeves has confirmed an extension of the inheritance tax (IHT) freeze.HMRC set to pursue 63,000 people…
State pension tax slaps 71-year-old Alan Perkins with £800 HMRC bill despite Rachel Reeves’s promise
A 71-year-old man with no private retirement savings has been slapped with a £800 tax bill despite Chancellor…
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…
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…
‘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 set to punish 77,000 state pensioners with 62% tax rate
A so-called cliff edge quirk and frozen thresholds are set to punish thousands more older taxpayers.HMRC set to…
Rachel Reeves prepares raid on pension tax perks
Rachel Reeves is reportedly preparing to target tax breaks on pension contributions in the Autumn Budget — a…
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…
HMRC deducting £300 from state pensioners’ bank accounts from Saturday
New rules have been confirmed by the GovernmentHMRC is deducting cash from some bank accounts. HMRC will soon…