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
Sir Keir Starmer Announces VAT Cut on Family Meals and Days Out at Wetherspoons and Beyond Friday, June 26, 2026 tax vat wetherspoons family starmer labour economy costofliving government children The Labour government, led by Prime Minister Sir Keir Starmer, has unveiled a significant VAT reduction impacting all Wetherspoons pubs and a wide range of family activities across the UK. This new measure aims to ease the … Read More
Andy Burnham Promises State Pensioners £537 Boost If Elected Prime Minister Tuesday, June 23, 2026 burnham pensions tax statepension labour hmrctax triplelock reeves cps pensioners Andy Burnham has pledged that state pensioners could be £537 better off thanks to a proposed rule change by HMRC and a Labour government, should he become Prime Minister. This announcement follows an analysis by the Centre … 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 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
Rachel Reeves Reduces VED for HGV Drivers to £1, But No Refunds for Early Payments Thursday, June 18, 2026 ved hgv tax vehicle reeves bvrla transport chancellor economy fuel In a significant move to ease the financial burden on drivers and businesses, Rachel Reeves has announced a temporary reduction of Vehicle Excise Duty (VED) for heavy goods vehicles (HGVs) to just £1. This 12-month … Read More