HMRC Announces New Road Fuel Scale Charges for 2026-2027 Sunday, May 17, 2026 hmrc vat fuel tax co2 emissions charges 2026 vehicle fleet HM Revenue & Customs (HMRC) has unveiled the updated road fuel scale charges that will apply from May 1, 2026, through April 30, 2027. These charges are intended to capture VAT on fuel purchased by businesses but used for … Read More
HMRC Set to Tax Over Two Million UK Households, Average Bill Hits £2,300 Friday, May 15, 2026 hmrc tax savings interest allowance personalallowance personalsavingsallowance taxbands ukfinance income HM Revenue & Customs (HMRC) is poised to charge over two million UK households an average of £2,300 in tax on their savings, according to recent data. A Freedom of Information request has revealed that the number of … Read More
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