HMRC to Crack Down on Major Tax Loophole Affecting UK Households Tuesday, May 12, 2026 hmrc tax inheritance capitalgains iht cgt taxation loopholes regulation compliance HM Revenue & Customs (HMRC) is launching a significant crackdown on a widely used tax loophole among UK households, targeting high-net-worth individuals who benefit from inheritance tax (IHT) and capital gains tax (CGT) … Read More
DWP Updates Winter Fuel Payment Eligibility Dates for 2026–2027 Monday, May 11, 2026 dwp winterfuelpayment pensions eligibility tax benefits statepension hmrc ukgovernment finances The Department for Work and Pensions (DWP) has updated the qualifying birth dates for the Winter Fuel Payment for the 2026 to 2027 season. Previously, those born before 22 September 1959 were eligible for the payment, but the … Read More
HMRC Begins Sending Letters Alerting Parents to £1,406 Child Benefit Boost Sunday, May 10, 2026 hmrc childbenefit education parents payments tax training claim teenagers benefits HMRC has commenced sending letters to parents warning them about the risk of losing Child Benefit payments totaling £1,406.60 per year. Starting from May 8, these reminder letters have been sent to families with children aged … Read More
HMRC Raises Tax-Free Personal Allowance to £20,070 for Homeowners Using Rent-a-Room Scheme Saturday, May 9, 2026 hmrc tax allowance rent-a-room income homeowners taxfree accommodation personalallowance rental Homeowners can now benefit from an increased tax-free personal allowance of up to £20,070 by combining the standard personal allowance with income from the Rent-a-Room Scheme. This straightforward initiative from HMRC allows … Read More
Rachel Reeves Confirms £120 Annual Charge for Drivers Covering 8,000 Miles Friday, May 8, 2026 car tax ev hybrid miles charge government policy drivers emissions Rachel Reeves has confirmed a new pay-per-mile car tax set to affect millions of electric and hybrid vehicle owners starting April 2028. Under the upcoming scheme, electric vehicle (EV) drivers will be charged 3p per mile, … Read More
Rachel Reeves Confirms £760 Annual Charge Driving Surge in Car Scrappage Wednesday, May 6, 2026 ved tax motoring carscrappage rachelreeves ukdrivers vehicletax carownership petrolcars dieselcars Rachel Reeves has confirmed an annual £760 charge for many drivers, as a surge in car scrappage sweeps across the UK. The escalation in Vehicle Excise Duty (VED) rates, introduced last year, has dealt a significant financial … Read More