HMRC to Send Tax Demand Letters to 2.7 Million UK Savers Thursday, March 12, 2026 hmrc tax uksavings finance savers pensions treasury isas inflation taxation HM Revenue & Customs (HMRC) is preparing to issue tax demand letters to nearly 2.7 million UK savers, signaling a significant increase in taxes on savings next year. According to Treasury forecasts, this move will … Read More
HMRC’s Tax Threshold Freeze to Push One Million Pensioners Into Paying Income Tax Wednesday, March 11, 2026 hmrc tax pensioners statepension incometax taxfreeze obr pensions personalallowance budget Up to one million more state pensioners are expected to start paying income tax on their state pension, following a freeze on tax thresholds announced in last year’s Budget. The Office for Budget Responsibility (OBR) … Read More
Martin Lewis and Money Saving Expert Urge Savers to Maximise ISA Allowance Before April 5 Deadline Tuesday, March 10, 2026 isa savings tax martinlewis moneysavingexpert lifetimeisa finance budget allowance uk Martin Lewis and the Money Saving Expert (MSE) team are reminding UK savers to take full advantage of their Individual Savings Accounts (ISAs) before the current tax year ends on April 5, 2024. After this date, the ISA … Read More
New HMRC Rule Launches This April After a Decade of Opposition Monday, March 9, 2026 hmrc makingtaxdigital tax selfassessment incometax vat legislation digitaltax compliance taxthreshold This April, a major new HMRC rule called Making Tax Digital (MTD) will come into effect, marking the most significant overhaul of the UK self-assessment tax system in decades. Despite nearly ten years of resistance from … Read More
New HMRC Tax Rule Targets Over 800,000 People with Approaching Deadline Monday, March 9, 2026 mtd hmrc tax landlords selfemployed filing deadline compliance penalties accounting More than 800,000 landlords and self-employed individuals have yet to register for HMRC’s Making Tax Digital (MTD) scheme as the compliance deadline rapidly approaches. The new tax system mandates that landlords and … Read More
One Million More State Pensioners Face Tax Bills After Rachel Reeves’ Threshold Freeze Wednesday, March 4, 2026 pensioners tax statepension income hmrc budget economy rachelreeves obr inflation A growing number of retirees are expected to pay income tax on their Department for Work and Pensions (DWP) state pension, following Labour Party Chancellor Rachel Reeves’ decision to freeze the income tax threshold. The … Read More