Exact Date Announced for New £300 Annual Charge on Drivers Covering 10,000 Miles Thursday, November 13, 2025 tax ev vehicles drivers charge mileage 2028 newpolicy finance motoring The Labour Party Chancellor Rachel Reeves has confirmed the start date for the controversial new car tax plan, set to charge drivers 3p per mile. Electric vehicle (EV) owners covering 10,000 miles annually could face an … 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
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
HMRC Considers Ending Exemptions on UK's Most Hated Tax Tuesday, November 11, 2025 inheritance tax hmrc uk budget exemptions pension gifting wealth finance UK households may soon face the removal of key exemptions on inheritance tax (IHT), long known as the country’s most unpopular tax. Chancellor Rachel Reeves is set to deliver the Autumn Budget on November 26 amid … Read More
New Income Tax and National Insurance Changes Set to Impact State Pensioners This November Sunday, November 9, 2025 tax pensioners income nationalinsurance labour budget government policy retirees inflation Ahead of the Labour Party’s Autumn Budget announcement, speculation is mounting around a proposed tax shift known as the “two up, two down” method. This approach involves increasing income tax rates by two percentage points … Read More
HMRC to Charge All Taxpayers an Extra £377 Annually After November Budget Saturday, November 8, 2025 hmrc tax autumnbudget incometax labour rachelreeves ajbell personalfinance taxincrease ukfinance HM Revenue and Customs (HMRC) is set to bill every taxpayer an average of £377 more each year following proposed changes under a Labour government, experts warn. This announcement precedes Chancellor Rachel Reeves’ Autumn … Read More