HMRC Alters Tax Bands, Impacting One Million State Pensioners Friday, May 1, 2026 hmrc tax statepensioners pensions incometax taxbrackets triplelock personalallowances savings chancellor HM Revenue and Customs (HMRC) has adjusted the tax brackets, affecting one million state pensioners. Under the guidance of Labour Party Chancellor Rachel Reeves, this change has resulted in more than 300,000 additional … Read More
HMRC Issues Surprise £180 Child Benefit Payments This Friday Friday, May 1, 2026 hmrc childbenefit payments familysupport benefitcap universalcredit taxcharge education claims government This Friday, HM Revenue and Customs (HMRC) is set to deposit £180 into the bank accounts of Child Benefit claimants. These payments come as part of the Labour Party government’s increased Child Benefit rates for 2026 to 2027. … Read More
Eight Million State Pensioners Face Rising Tax Bills Due to 2021 HMRC Rule Friday, May 1, 2026 hmrc pensions taxation fiscaldrag income-tax pensioners inflation tax-thresholds uktax higher-rate HMRC’s decision to freeze income tax thresholds since 2021 is impacting over eight million state pensioners, causing many to face higher tax bills. Recent HMRC data reveals that 8.2 million people of state pension age are now … Read More
State Pensioners Born 1951-1960 Face Increased Risk of HMRC Tax Bills Due to Frozen Allowances Thursday, April 30, 2026 pension tax hmrc statepension income allowance inflation tripleslock retirement finance State pensioners born between 1951 and 1960 are increasingly at risk of paying income tax on their state pension due to the combined effects of the Triple Lock increase and frozen personal allowance thresholds. The full New … Read More
HMRC Launches Aggressive Debt Collection Drive Amid Tax Crackdown Thursday, April 30, 2026 hmrc debt tax collection reeves government businesses finance regulation consultation HM Revenue & Customs (HMRC) is ramping up its debt collection efforts, spending over £5 million each month on private agencies to recover overdue taxes. Between October 2025 and February 2026 alone, HMRC paid debt … Read More
HMRC Warns Parents Earning Over £60,000 About Child Benefit Repayment Rules Sunday, April 26, 2026 hmrc childbenefit tax highincomecharge parents incomethreshold taxreturn payrise repayment uktax HM Revenue and Customs (HMRC) has issued a crucial warning to parents claiming Child Benefit who have recently received a pay rise. If either the claimant or their partner living in the same household receives Child Benefit … Read More