State Pensioners Born 1951-1960 Face Increased Risk of HMRC Tax Bills Due to Frozen Allowances Thursday, April 30, 2026 pension tax hmrc statepension income allowance inflation tripleslock retirement finance State pensioners born between 1951 and 1960 are increasingly at risk of paying income tax on their state pension due to the combined effects of the Triple Lock increase and frozen personal allowance thresholds. The full New … Read More
HMRC Launches Aggressive Debt Collection Drive Amid Tax Crackdown Thursday, April 30, 2026 hmrc debt tax collection reeves government businesses finance regulation consultation HM Revenue & Customs (HMRC) is ramping up its debt collection efforts, spending over £5 million each month on private agencies to recover overdue taxes. Between October 2025 and February 2026 alone, HMRC paid debt … Read More
HMRC Warns Parents Earning Over £60,000 About Child Benefit Repayment Rules Sunday, April 26, 2026 hmrc childbenefit tax highincomecharge parents incomethreshold taxreturn payrise repayment uktax HM Revenue and Customs (HMRC) has issued a crucial warning to parents claiming Child Benefit who have recently received a pay rise. If either the claimant or their partner living in the same household receives Child Benefit … Read More
HMRC Urges Parents Earning Under £80K to Check Child Benefit Eligibility Sunday, April 26, 2026 hmrc childbenefit parents income pension nationalinsurance benefits eligibility finance family HM Revenue and Customs (HMRC) has issued a crucial reminder to parents earning under £80,000 to review their eligibility for Child Benefit, a payment that could significantly ease family finances. Despite over 1.4 million … Read More
HMRC Encourages Families Earning Under £100,000 to Benefit from £2,000 Childcare Savings Saturday, April 25, 2026 hmrc childcare taxfreechildcare savings parents childminders government martinlewis eligibility childcarecosts HM Revenue and Customs (HMRC) is urging working parents earning under £100,000 annually to explore the Tax-Free Childcare scheme, which can provide up to £2,000 per year in savings per child. This initiative aims to ease the … Read More
HMRC Announces Pension Access Age Increase for UK Households Born After 1971 Friday, April 24, 2026 hmrc pensions retirement tax uk agerestriction crystallisation governance legislation planning HMRC has issued updated guidance alerting UK households to an upcoming change in the minimum age at which they can access their pension savings. Beginning April 6, 2028, the normal minimum pension age will rise from 55 to 57. … Read More