Martin Lewis 'Shocked' as Rachel Reeves Announces Key State Pension Change Thursday, November 27, 2025 pension tax statepension budget martinlewis rachelreeves finance retirement income taxreturn State pensioners relying solely on their state pension will not be required to pay tax, Martin Lewis has revealed following a conversation with Chancellor Rachel Reeves. Ahead of his budget explainer special on ITV this … Read More
State Pensioners Advised to Withdraw £100 Initially to Avoid Emergency Tax Thursday, November 27, 2025 pension tax hmrc retirement finance drawdown emergencytax withdrawal taxrefund planning State pensioners planning to start withdrawing their pensions are being advised to take a small initial withdrawal of around £100. This approach helps avoid being taxed at a higher emergency rate on their first pension … Read More
Rachel Reeves Vows 'Fair Choices' Ahead of Budget Amid Tax Hike Concerns Wednesday, November 26, 2025 budget tax reeves chancellor economy debt inflation publicspending minimumwage taxhike Rachel Reeves has promised to make “fair and necessary choices” in the upcoming Budget, despite strong expectations of multiple tax increases. As Chancellor, she is set to deliver her second Budget on Wednesday, … Read More
State pensioners face £2,500 tax hikes under Rachel Reeves’ proposed changes Sunday, November 23, 2025 pensioners tax labour chancellor reeves income fiscal retirement manifesto taxes Wealthy pensioners in the UK could face an average tax increase of £2,500 if Chancellor Rachel Reeves goes ahead with proposed income tax rises, data reveals. Ms Reeves has not ruled out tax hikes in the upcoming budget, … Read More
HMRC Advises UK Households to Call Between 8am and 9am for High Income Child Benefit Queries Thursday, November 20, 2025 hmrc childbenefit tax hicbc paye selfassessment ukgovernment incometax taxhelp taxcode HM Revenue and Customs (HMRC) has reminded UK households to follow an 8am to 9am calling rule when reaching out to their helpline. This guidance comes in response to enquiries related to the High Income Child Benefit Charge … Read More
HMRC Targets Low Earners with £992 Stealth Tax Increase Amid Personal Allowance Freeze Tuesday, November 18, 2025 hmrc tax personalallowance savings inflation incometax lowincome finance stealthtax pensions HM Revenue & Customs (HMRC) is poised to send letters to UK households demanding an additional £992 in taxes, delivering a harsh blow to low-income families. This unexpected burden stems from a little-known tax change … Read More