HMRC Income Tax Hike Could Cost Workers Up to £250 Annually Sunday, November 16, 2025 income-tax hmrc autumn-budget rachel-reeves taxation salary-sacrifice pensions personal-finance national-insurance uk-economy Labour Party Chancellor Rachel Reeves is considering a rise in income tax in the forthcoming Autumn Budget, a move that could see many workers facing increased tax bills of several hundred pounds. Despite assurances to … Read More
UK Households Advised to Gift Money to Children Before HMRC Pension Tax Changes Sunday, November 16, 2025 inheritance gifts pensions taxation hmrc wealth families financialplanning taxfree estates As the UK government prepares to include pensions in the inheritance tax (IHT) net starting in 2027, families are seeking effective ways to protect their assets. One strategy gaining attention is gifting money to children or … Read More
HMRC Halts Thousands of Child Benefit Payments Over Flawed Travel Data Sunday, November 16, 2025 hmrc childbenefit traveldata ukgovernment benefits apology bureaucracy taxpayer employmentdata bordercontrol HM Revenue and Customs (HMRC) has issued an apology after tens of thousands of parents had their Child Benefit payments wrongly suspended due to incomplete and inaccurate travel data. Among those affected was a woman who … Read More
Major UK High Street Food Chain Faces Closure, Putting Jobs at Risk Wednesday, November 12, 2025 coconuttree administration ukbusiness restaurant tax hmrc vat paye jobs closure The Coconut Tree, a beloved UK restaurant chain, is on the brink of closing its high street locations, putting numerous jobs at risk. The popular eatery entered administration last week after failing to meet the terms of a … Read More
Households expecting £300 Winter Fuel Payment warned of scam risks Tuesday, November 11, 2025 winterfuelpayment dwp scam pensioners hmrc fraud coldweather security government payments As the colder months approach, nearly nine million households in England and Wales are preparing to receive the Winter Fuel Payment of up to £300 for the 2025/26 season. These payments will begin rolling out from mid-November … Read More
HMRC Warns UK Households Against Early Pension Cash Withdrawals Amid Budget Speculation Tuesday, November 11, 2025 hmrc pensions tax lumpsum retirement finance taxcharge budget inheritance investments HMRC is signaling potential penalties for UK households considering withdrawing their tax-free pension lump sum ahead of the upcoming Labour Party Autumn Budget in two weeks. Currently, most people can withdraw up to 25% of … Read More