Most savers fail to use their full allowance each year – and once it’s gone, it’s gone for good Most savers fail to use their full allowance each year – and once it’s gone, it’s gone for good(Image: Getty Images) Savers are at risk of missing out on valuable tax-free returns as the ISA deadline
A total of 583 companies were named and shamed by HMRC in 2025 for deliberately defaulting on tax HMRC is responsible for handling tax in the UK(Image: Getty) The UK’s biggest tax defaulters faced demands for nearly £533million from HMRC last year, more than double the amount from a year earlier. A total of 583
Catherine McWilliam: taxes are holding companies back Tax rates are becoming an increasing burden for businesses and are threatening their long-term future, according to new research. The growing impact of tax is a key finding in the latest State of the Nation Directors survey conducted by the Institute of Directors (IoD) Scotland. Five years ago,
Car tax rates rise from April 1, 2026, with most drivers paying more Rates will increase soon(Image: mrdoomits via Getty Images) Motorists face higher car tax bills from April 1, 2026, with fresh rates now confirmed for most drivers. Vehicle Excise Duty, as it’s formally known, will climb in just a matter of days. According
HMRC is dramatically increasing enforcement on digital assets, including on those who may not realise they owe any tax at all. Crypto’s pseudo-anonymous and complex nature means many people do not pay the right tax on holdings. UK government estimates suggest non-compliance with the tax rules could range from 55% to as high as 95%
Road tax – known as Vehicle Excise Duty (VED) – is a legal requirement in the UK and it typically rises every April Car tax is going up from next week(Image: Getty Images/EyeEm) Millions of drivers will be hit with higher car tax rates from next week. Road tax – known as Vehicle Excise Duty
Older people with income over £35,000 may choose not to receive the payment to prevent it being recovered through their tax code. Pension Credit – Could you or someone you know be eligible? Pensioners in England and Wales will be able to opt out of the Winter Fuel Payment for 2026/27 from April 1, in
The government has notified the Income-tax Rules, 2026, clearing the way for a new compliance framework from April 1, 2026, but without changing income tax slabs. For taxpayers, this means processes will change more than the actual tax outgo. The rules operationalise the Income-tax Act, 2025, replacing the decades-old framework
The new rules are coming in soon 00:36, 22 Mar 2026Updated 07:20, 22 Mar 2026 Families have been advised to check to see if they will have to pay(Image: Getty) Families have been advised to check whether a hefty HMRC bill could be coming their way. Financial advisers have cautioned that some people will face
But here’s the twist: while many will pay more, thousands could cut their bill by hundreds—or wipe it out entirely—if they know where to look. Next month will see up to 9% increases across parts of England, with seven councils allowed to go above the usual 5% cap. There’s also up to 10% rises in