Wolverhampton Council Leader’s Allowance Set to Increase by Over £1,100 Sunday, May 24, 2026 wolverhampton council allowance leadership opposition remuneration governance councillors politics localgovernment The leader of City of Wolverhampton Council, Cllr Stephen Simkins, is set to receive an increase of over £1,100 in his allowance this year. As the leader of the Labour-run council, Cllr Simkins will now earn a special … Read More
HMRC Announces Crucial Increase in Mileage Allowance to 55p per Mile for Cars and Vans Friday, May 22, 2026 hmrc mileage allowance drivers business vehicles reimbursement tax revenue martinlewis HM Revenue and Customs (HMRC) has introduced a significant update to the mileage allowance for employees and self-employed individuals using their personal vehicles for work purposes. The mileage rate has been increased from … Read More
HMRC inheritance tax gifting allowance slashed by 78% in real terms Sunday, May 17, 2026 inheritance tax gifting allowance inflation hmrc estate families law compliance The annual £3,000 allowance enabling individuals to gift money free of inheritance tax has effectively plummeted in value by 78% since its introduction in 1981, a private wealth law firm has warned. TWM Solicitors, a … Read More
DWP Advances £424 Payments for Universal Credit Claimants Ahead of May Bank Holiday Saturday, May 16, 2026 universalcredit dwp welfare payments bankholiday allowance costofliving benefits socialsupport policy The Department for Work and Pensions (DWP) is issuing early Universal Credit payments of £424 in May to support claimants ahead of the upcoming Bank Holiday. Typically scheduled for Monday, May 25, Universal Credit payments … Read More
HMRC Set to Tax Over Two Million UK Households, Average Bill Hits £2,300 Friday, May 15, 2026 hmrc tax savings interest allowance personalallowance personalsavingsallowance taxbands ukfinance income HM Revenue & Customs (HMRC) is poised to charge over two million UK households an average of £2,300 in tax on their savings, according to recent data. A Freedom of Information request has revealed that the number of … Read More
HMRC Raises Tax-Free Personal Allowance to £20,070 for Homeowners Using Rent-a-Room Scheme Saturday, May 9, 2026 hmrc tax allowance rent-a-room income homeowners taxfree accommodation personalallowance rental Homeowners can now benefit from an increased tax-free personal allowance of up to £20,070 by combining the standard personal allowance with income from the Rent-a-Room Scheme. This straightforward initiative from HMRC allows … Read More