March 12, 2026
Tax

New calls to pause Council Tax payments for three months for all households

An online petition argues local councils are not providing services for which the bill pays. An online petition argues local councils are not providing services for which the bill pays.(Image: PA) A new online petition is calling for all local authorities to pause Council Tax payments for three months because they are not providing the

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Tax

Tax rises in Budget ‘inevitable’ as borrowing soars in blow to Rachel Reeves – how it affects you

THE Chancellor has been dealt another setback after borrowing hit the highest level in five years, making Budget tax rises “inevitable”. The Government borrowed more money than expected last month, at £18billion, according to figures from the Office for National Statistics (ONS). This was £3.5billion more than in August 2024. 1 Experts suggest tax rises

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Tax

Controversial Welsh Government tourist tax bill becomes law

The Visitor Levy Bill allows councils in Wales to introduce a tourist tax. Mark Drakeford, finance secretary, said: “The visitor levy represents a small contribution that will make a big difference by helping to maintain and enhance the very attractions that make Wales such a wonderful place to visit and live. “This historic legislation gives

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Tax

Here is the likely shape of the tax package and what it means for your pocket – The Irish Times

Much of the focus in the run-up to the budget has been on spending and on issues such as the proposed ending of once-off payments and what increases in key welfare rates and rules might be. But what about tax? For the so-called squeezed middle, tax changes remain key to putting money directly into people’s

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Tax

State Pension alert – Millions face paying income tax for first time

The state pension is set to rise by 4.7% in April, but the increase will push millions of pensioners into paying income tax for the first time The full new state pension is set to increase by £561.60 a year from April(Image: PixelsEffect via Getty Images) Millions face being dragged into paying income tax on

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Tax

Pro-Business Tax Provisions That Apply Now In 2025

One Big Beautiful Bill Act AFP via Getty Images The One Big Beautiful Bill Act (OB3) became law on July 4, 2025, and many of the tax provisions in the new legislation are effective for the 2025 tax year. Summaries of three of the more notable OB3 provisions applicable to businesses for the 2025 tax

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Tax

Millions of Brits who rely on state pension face paying income tax within next two years

MILLIONS of Brits who rely solely on the state pension face having to pay income tax within the next two years. Rises guaranteed under the triple-lock will push many dangerously close to the £12,570 tax threshold. State pensions rise each year by the rate of either inflation, earnings growth, or 2.5 per cent — whichever

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Tax

Millions of people over State Pension age to pay tax in retirement next year

The annual uprating will see the full New State Pension creep closer to the £12,570 Personal Allowance threshold. People on the full New State Pension could see payments rise by over £500 next year under the Triple Lock as earnings growth (4.7%) outpaces the current rate of inflation (3.8%). The increase under the earnings growth

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Tax

I am on occasion using the €3,000 annual tax-free gift, could it come back to bite later? – The Irish Times

I may have misunderstood something in a recent article, so can you please clarify? I am on occasion using the €3,000 annual gift allowed by Revenue to help family members. I keep track of what I give, when I give it and to whom Ultimately, these family members will also inherit a portion of my

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Tax

Martin Lewis warns millions of people risk paying tax ‘for first time’ next year

The figure for average wage growth was today confirmed as 4.7% and as inflation is forecast to stay below this for the rest of the year, it now looks likely that the state pension will rise by this level Martin Lewis is founder of MoneySavingExpert.com(Image: ITV) Martin Lewis has warned how millions of older Brits

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