DWP Confirms No Tax for New or Basic State Pensioners Next Year Wednesday, January 28, 2026 dwp pension tax statepension personalallowance budget pensionsminister finance selfassessment income The Department for Work and Pensions (DWP) has provided important reassurance for those receiving the New or Basic State Pension. Despite concerns over tax thresholds, pensioners whose income comes solely from these pensions … Read More
11 Tax Changes Set to Cost UK Households Thousands in 2026 Saturday, January 17, 2026 tax uk inheritance counciltax tobacco alcohol vaping fuel dividend budget In 2026, UK households face a significant financial squeeze as multiple tax changes come into effect, threatening to cost thousands of pounds. These changes, announced as part of the Labour Party Autumn Budget and other … Read More
£100 HMRC Fines Loom for Missing January Self-Assessment Deadline Saturday, January 17, 2026 hmrc tax selfassessment deadline penalty filing payment app taxreturn fine The deadline for submitting self-assessment tax returns is set for 11:59 pm on January 31, and HM Revenue and Customs (HMRC) has issued a clear warning: millions of households risk financial penalties if they miss this date. … Read More
Rachel Reeves Confirms Major Reduction in Cash ISA Allowance Saturday, January 17, 2026 isa savings finance tax investment savers chancellor rachelreeves cashisa pensions Chancellor Rachel Reeves has announced significant changes to cash ISA regulations that will affect millions of savers across the UK. From April 2027, the maximum amount individuals can deposit into cash ISAs each year will … Read More
State Pensioners Over 80 Face Growing Tax Burden Amid Frozen Allowances Tuesday, January 13, 2026 pensions taxation hmrc retirement allowances serps dwp income elderly tax Hundreds of thousands of state pensioners aged over 80 are receiving alarming letters from HM Revenue and Customs (HMRC) warning of increasing tax liabilities—a situation experts say is “inevitable” and poised to worsen. This … Read More
Two Million State Pensioners Face Unwelcome HMRC Tax Demands Tuesday, January 6, 2026 hmrc pensioners tax personalallowance statetax freedomofinformation taxdemands stevewebb lcp statepension Recent data obtained through a Freedom of Information (FOI) request by Steve Webb, partner at LCP, reveals a significant increase in the number of people receiving end-of-year tax demands from HM Revenue and Customs (HMRC). … Read More