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Browsing Tag

HMRC

20 posts
PPersonal finance
Martin Lewis clarifies ISA allowances as savers misunderstand rule | Personal Finance | Finance
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Martin Lewis clarifies ISA allowances as savers misunderstand rule | Personal Finance | Finance

  • December 4, 2025
Martin Lewis has explained how ISA allowances work for the tax-free accounts. You can currently deposit up to…
PPersonal finance
Daily Mirror
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HMRC inheritance tax haul hits £256m as families caught by cash gift rules

  • November 29, 2025
The amount of inheritance tax paid on cash gifts has surged over 153% in a decade, with over…
PPersonal finance
Inheritance tax raid looms as Rachel Reeves confirms 'biggest Budget fear' for thousands of Britons
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Inheritance tax raid looms as Rachel Reeves confirms ‘biggest Budget fear’ for thousands of Britons

  • November 27, 2025
Chancellor Rachel Reeves confirmed the “biggest Budget tax fear” for thousands of households as more Britons are at…
PPersonal finance
‘Millions’ of over-55s face ‘unintended’ tax if they don’t make 1 simple money move | Personal Finance | Finance
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‘Millions’ of over-55s face ‘unintended’ tax if they don’t make 1 simple money move | Personal Finance | Finance

  • November 14, 2025
Millions of Brits are at risk of unexpected bills as they have not completed one simple task. Experts…
PPersonal finance
Birmingham Live
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HMRC to ‘punish’ state pensioners with small private pensions

  • November 9, 2025
The Government has faced criticism over the so-called stealth taxMore pensioners face having to pay income tax. Older…
PPersonal finance
Birmingham Live
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HMRC warning over change to pension tax rules which kicked in on September 1

  • November 3, 2025
HMRC has tweaked pension tax rules – with a change from September 1. The taxman, now working under…
PPersonal finance
Rachel Reeves prepares raid on pension tax perks
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Rachel Reeves prepares raid on pension tax perks

  • November 2, 2025
Rachel Reeves is reportedly preparing to target tax breaks on pension contributions in the Autumn Budget — a…
PPersonal finance
Birmingham Live
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HMRC deducting £300 from state pensioners’ bank accounts from Saturday

  • October 29, 2025
New rules have been confirmed by the GovernmentHMRC is deducting cash from some bank accounts. HMRC will soon…
PPersonal finance
Inheritance tax rakes in £4.4bn for HMRC as 'record-breaking' raid hits families before Rachel Reeves changes
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Inheritance tax rakes in £4.4bn for HMRC as ‘record-breaking’ raid hits families before Rachel Reeves changes

  • October 21, 2025
HM Revenue and Customs (HMRC) data reveals inheritance tax (IHT) collections reached £4.4billion between April and September ahead…
PPersonal finance
Ipso logo
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UK Government urged to increase Personal Allowance to prevent pensioners paying tax

  • October 17, 2025
The annual uprating in April will see the full New State Pension creep closer to the £12,570 Personal…
PPersonal finance
Birmingham Live
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State pensioners face payment ‘deduction’ from HMRC starting on Wednesday

  • October 14, 2025
The “qualifying week” for the Winter Fuel Payment begins TOMORROW – meaning state pensioners face being stung by…
PPersonal finance
Ipso logo
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New call for £25,140 personal tax allowance for every person over State Pension age

  • October 9, 2025
An online petition proposes introducing a new tax code for pensioners. 11:03, 08 Oct 2025Updated 11:04, 08 Oct…
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