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
HMRC Waives £100 Late-Filing Fines for Hundreds Who Filed Just Before Year-End Tuesday, January 6, 2026 hmrc tax selfassessment penalties deadline taxreturns finance latefiling savings taxpayers HM Revenue and Customs (HMRC) has confirmed that it will waive the £100 late-filing penalty for hundreds of taxpayers who submitted their self-assessment tax returns in the final hour of 2025. According to HMRC data, 342 … Read More
UK Households Face 'Brutal' HMRC Tax Bills as January Deadline Looms Monday, January 5, 2026 hmrc selfassessment taxbills paymentsonaccount selfemployed taxdeadline nationalinsurance budgeting finance ukeconomy As the festive season fades into the past, thousands of UK households, especially self-employed workers, are preparing for what experts are calling “brutal” tax bills landing imminently from HM Revenue & … Read More
HMRC Raises Rent a Room Tax-Free Allowance to £7,500 Sunday, January 4, 2026 hmrc rentaroom taxallowance rentalincome taxrelief personalallowance selfassessment mortgage landlord taxreturn HMRC has increased the Rent a Room tax-free personal allowance, allowing some households to earn up to £7,500 annually in rental income without paying tax. This scheme applies when renting out a furnished room or part of your … Read More
HMRC Boosts Personal Tax-Free Allowance to £27,070 Using Three Key Benefits Sunday, January 4, 2026 hmrc taxallowance rentaroom childcare savingsallowance taxrelief personalallowance taxfree income finance HM Revenue & Customs (HMRC) is effectively raising individuals' personal tax-free allowance to an impressive £27,070 by utilising three valuable tax relief opportunities. Financial experts at AJ Bell have outlined how … Read More