Andy Burnham’s HMRC Tax Proposal Could Leave £35,000 Earners £500 Worse Off Thursday, July 2, 2026 incometax fiscaldrag taxfreeze andyburnham hmrc labour taxpolicy devolution personalallowance taxthresholds Andy Burnham has indicated that a forthcoming HMRC income tax initiative could result in individuals earning around £35,000 being £500 worse off. The Labour Party government has already frozen income tax thresholds until … 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
New £60,000 VAT Threshold Boost Proposed to Support ‘Alarm Clock’ Small Businesses Thursday, June 11, 2026 vat reformuk smallbusiness taxbreak farage soletraders economy taxpolicy entrepreneurs britain Reform UK is pushing for a significant tax relief aimed at Britain’s small business owners, often dubbed “alarm clock Britain” for their early starts and relentless work ethic. Party leader Nigel Farage has announced plans to … Read More
HMRC Issues £1,958 Tax Bills to State Pensioners in Controversial ‘Two-Tier’ System Saturday, May 30, 2026 pensions taxation statepension taxpolicy retirement hmrc personalallowance government unfairness finance More than 12.5 million pensioners in the UK are caught in what critics call a “two-tier” state pension system, with many facing unexpected tax bills. Basic state pensioners, in particular, are being hit hard due to the … Read More
HMRC Salary Sacrifice Loophole Allows Workers to Double Pension Allowance to £4,000 Thursday, March 12, 2026 hmrc pensions salarysacrifice allowance taxpolicy labourparty government taxloophole financialsecretary workplacebenefits A salary sacrifice loophole now permits workers holding multiple jobs to double their pension contribution allowance to £4,000 annually. According to a recent confirmation from Lord Livermore, the Financial Secretary to the … Read More
Council Tax Premium Could Target Hundreds of Long-Term Empty Homes in Worcester Sunday, November 23, 2025 counciltax emptyhomes worcester housing levellingup localgovernment property taxpolicy housingsupply regeneration Worcester City Council is considering a new measure to encourage the return of long-term empty properties to the housing market by imposing a council tax surcharge. Under legislation updated by the Levelling Up and … Read More