HMRC Introduces £33 Monthly Tax Deductions to Reclaim Winter Fuel Payments from State Pensioners Saturday, June 27, 2026 hmrc pensioners tax winterfuelpayment repayment income taxcode pensions selfassessment scams HM Revenue and Customs (HMRC) has announced a new nationwide initiative to reclaim Winter Fuel Payments from state pensioners under the age of 80 who earn more than £35,000 annually. This move will affect up to two million … Read More
Rachel Reeves Announces £360 Vehicle Excise Duty for Vans Registered After 2001 Monday, June 22, 2026 ved vans rachelreeves hmrc financebill inflation euro4 euro5 vehicletax chancellor Under new regulations confirmed by Labour Party Chancellor Rachel Reeves, van owners are facing increased Vehicle Excise Duty (VED) charges to stay legally on UK roads. Starting April 1, 2026, vans registered after March 2001 … Read More
Rachel Reeves Introduces £2,000 Pension Contribution Cap for Higher Earners Monday, June 22, 2026 pensions salarysacrifice tax retirement treasury reforms reeves policy hmrc savings Rachel Reeves, the Labour Party Chancellor, has announced a significant change affecting nearly three million workers with a new £2,000 cap on pension contributions made through salary sacrifice schemes. Set to come into … Read More
HMRC Confirms Tax Rule Change Impacting 10,500 More Households Saturday, June 20, 2026 hmrc inheritancetax taxchange pensions estates taxliability financialplanning hmrcupdates taxthresholds wealthmanagement HM Revenue & Customs (HMRC) has confirmed a significant shift in inheritance tax (IHT) rules, set to affect an additional 10,500 estates starting from April 2027. This change comes as part of the government’s efforts to … Read More
HMRC Overcharges 40,000 Graduates in Student Loan Interest Error Friday, June 19, 2026 hmrc studentloans overcharge graduates interestrates studentloanscompany rethinkrepayment nationalunionofstudents loanbalances debtcorrection HM Revenue and Customs (HMRC) has mistakenly overcharged 40,000 graduates on their student loans due to an error in earnings data used to calculate interest rates. This glitch, originating from the tax authority during the … Read More
HMRC Phases in Changes to 94 Payment Rates Starting April 2027 Thursday, June 18, 2026 hmrc tax realtimereporting benefitsinkind nics payroll employers taxpolicy bio compliance HM Revenue and Customs (HMRC) has announced a delay and phased implementation for the mandatory real-time reporting of income tax and Class 1A National Insurance contributions (NICs) on specified benefits in kind (BiKs) and … Read More