Almost three quarters of a million more retirees could be forced to pay income tax from next year, analysis suggests.
The government has responded to a petition to raise the HMRC income tax personal allowance threshold from £12,570 to £20,000 ...
Chancellor Rachel Reeves is reportedly planning to extend the freeze on income tax thresholds in the spring statement.
The state pension could rise by 4.6 per cent in April 2026, pushing it over the income tax threshold for the first time, OBR ...
Helen Morrissey, head of retirement analysis at Hargreaves Lansdown, said by the time earnings hit £125,140, the personal ...
Our tax calculator below shows you the rate of tax you pay, how close you are to the next bracket, and what your marginal rate and average rate are.
MILLIONS of state pensioners are set to pay a “retirement tax” for the first time – but there are tricks you can use to try ...
Rachel Reeves has been urged to use her spring statement to stop pensioners being hit with tax bills. A petition by Silver ...
Against this uncertain economic backdrop, savers will want to be doing everything they can to ensure they are bolstering ...
Your tax code is used by your employer or pension provider to work out how much Income Tax to take from your pay or pension - ...
MILLIONS of savers can breathe a sigh of relief as Rachel Reeves opted against making major changes to ISA rules in the ...
As a new financial year begins on April 6, both workers and retirees face a fresh wave of adjustments. HM Revenue and Customs ...