UK Households with Savings Accounts Could Receive HMRC Tax Letters Friday, December 5, 2025 hmrc savings tax personalsavingsallowance interest income selfassessment finance accountancy uk UK households holding savings accounts with balances as low as £3,500 may soon receive tax-related letters from HM Revenue and Customs (HMRC), according to personal finance expert Grant Hamill of Companion Accountancy. HMRC … Read More
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
Millions of Workers to Receive Pay Rise Worth Up to £1,500 Wednesday, November 26, 2025 payrise wages livingwage minimumwage labor employment economy youthwork costofliving income Millions of workers across the UK are set to benefit from a substantial pay rise as minimum wage rates increase next year. Labour Party Chancellor Rachel Reeves has confirmed that the National Living Wage will rise by 4.7% to … 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
Rachel Reeves Abandons Income Tax Hike Plan, Sparing All UK Households Friday, November 14, 2025 income tax labour rachelreeves keirstarmer budget u-turn politics chancellor uk Rachel Reeves has decided to scrap proposed income tax hikes originally included in the Labour Party’s Autumn Budget. Sources reveal that the primary tax increase measures have been rejected by both Prime Minister Keir … Read More
DWP to Raise New State Pension by 4.8% Under Labour's Triple Lock Commitment Tuesday, November 11, 2025 pension statepension dwp triplelock labour retirement income taxation inflation finance The Department for Work and Pensions (DWP) is poised to increase payments for new state pensioners by 4.8%, adhering to the Triple Lock guarantee under the Labour government. This rise means those receiving the full new state … Read More