You could be breaking HMRC rules depending on how you manage your pension HMRC has issued a warning about its tax avoidance rules around pensions(Image: Getty) Pensioners and pension savers have been warned by HMRC to be careful about how they access their pots. The tax authority reminded people to do some checks before dipping
Income tax cuts have featured in every budget in recent years, with tax credits increased, USC changes and the rate at which taxpayers enter the higher 40 per cent rate rising. These have been trumpeted by the minister of the day as putting money back in the pockets of taxpayers. And they have, as tax
Matt Meehan is a leading finance expert & CEO of Credit Banc. He specializes in helping SMBs access credit & capital. Shield Advisory Group. When it comes to taxes, most business owners know the basics: Write-offs, bonus depreciation, maybe some cost segregation and so on. Don’t get me wrong, they work fine. But if you’re
No changes to personal tax bands and credits are planned for next week’s budget, meaning the effective reductions in income tax – worth over €1,000 to many workers in recent budgets – will not be repeated this year. Not indexing income tax bands and credits will mean workers who receive pay increases will end up
A €400 targeted energy credit, €15-per-week welfare increases and a cut to childcare costs are among proposals put forward by the Social Democrats in its alternative budget. The party also wants to phase out tax credits for people earning €100,000 or more. With the Government preparing to deliver the budget next Tuesday, Opposition parties have
A €400 targeted energy credit, €15-per-week welfare increases and a cut to childcare costs are among proposals put forward by the Social Democrats in its alternative budget. The party also wants to phase out tax credits for people earning €100,000 or more. With the Government preparing to deliver the budget next Tuesday, Opposition parties have
Council tax debt collection in Wales will become ‘less aggressive’ from next year, with people being given more time if they miss a payment Martin Lewis is founder of MoneySavingExpert.com(Image: ITV) Martin Lewis has said he is “over the moon” after major council tax changes in Wales were confirmed. Council tax debt collection in Wales
A zoo owner is being forced to sell his £2.75million tourist attraction boasting zebras and American bison due to Rachel Reeves‘ inheritance tax raid. Steve Cardell built Cassiobury Farm on a derelict site in Watford, transforming a former tip into a 15-acre zoo, fishery and conservation project. The site is home to more than 70 exotic
Labour will not touch council tax bands during this Parliament, Steve Reed, the Housing Secretary, has announced. Mr Reed ruled out overhauling council tax during the Labour Party conference in Liverpool despite months of rumours that ministers were targeting wealthy homeowners. He said: “We’ve got enough on our hands – [council tax revaluation] is not on
By JASON GROVES, POLITICAL EDITOR and JAMES TAPSFIELD, UK POLITICAL EDITOR Published: 10:39, 30 September 2025 | Updated: 10:46, 30 September 2025 Wes Streeting today dramatically vetoed a Treasury VAT raid on private healthcare as Rachel Reeves struggles for ways of raising cash. The Health Secretary moved to crush the idea being mooted within government amid