March 12, 2026
Tax

Projected 2026 Tax Brackets, Rates And Deductions. Here’s What To Know.

2026 will be here before you know it. getty The U.S. Bureau of Labor Statistics reported that the consumer price index (CPI) increased by 0.4% on a seasonally adjusted basis in August and over the last 12 months, the index increased just 2.9% before the seasonal adjustment. That means that inflation is holding steady—and you’ll

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Tax

HMRC told to raise Inheritance Tax threshold to £1 million

Tens of thousands of people have signed a petition Petition creator Roberta Khan contends that Inheritance Tax and Stamp Duty constitute ‘double taxation’(Image: PIKSEL via Getty Images) New demands have emerged to boost the HMRC Inheritance Tax threshold to £1 million. Tens of thousands of people have backed a Change.org petition urging the Labour Party

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Tax

Who should get council tax support?

People are being asked for their views on helping low-income households with their council tax. South Kesteven District Council is conducting a review of the Council Tax Support Scheme. It reduces the amount of the bill depending on a person’s income and other factors, including the number of children in a family. The council said

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Tax

People in certain Council Tax bands could save up to £400 a year on energy bills

People can check online to see if they qualify for support through the Great British Insulation Scheme. People can check online to see if they qualify for support through the Great British Insulation Scheme.(Image: Getty Images/iStockphoto) Household energy bills will rise by two per cent under the Ofgem price cap this Autumn. Annual energy bills

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Tax

HMRC doubles size of tax evasion surveillance team

b’ HMCR Surveillance Landscape ‘ HM Revenues and Customs (HMRC) has doubled the number of staff trained in tax evasion surveillance, new data shows. Some 337 workers were trained in tax evasion in the 2023-24 year at a cost of £580,403, according to figures released by a Freedom of Information request. This was up from

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Tax

Fears tax hike could cripple horse racing in Suffolk and Norfolk

One of the trainers who headed to London for the demonstration is Stuart Williams, who is also based in Newmarket, which calls itself “The Home of Horseracing”. “We are trying to discourage the government putting racing in the same boat as online casinos,” he said. “[If the increase is brought in], the bookmakers will adjust

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Tax

Top trainer warns of ‘very dangerous’ consequences of tax rise for racing

John Gosden was among a number of major figures from the sport who descended on Westminster to protest against a proposed increase in tax on betting Jockeys Kieran Shoemark, Oisin Murphy, Saffie Osborne, Lily Pinchin, Richard Johnson, Hollie Doyle, Tom Marquand and Paul O’Brien protest in Westminster(Image: PA) John Gosden has warned that a rise

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Tax

Pensioners given £1,000 savings warning – and told of ‘rapid escalation in tax’

The proportion of total savings interest tax paid by those aged over 65 is set to increase this tax year, according to an analysis by Paragon Bank 10:12, 10 Sep 2025Updated 10:12, 10 Sep 2025 People with savings and of state pension age are being warned about a rise in taxation(Image: Getty Images) Pensioners are

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Tax

States looking for support on new tax

Guernsey’s States is looking for companies to help support the administration of a goods and services tax (GST). Deputies approved a 5% GST last year, alongside a lower rate of income tax for earnings under £30,000 and reforms to social security contribution rates. A vote on whether the new tax should include food is expected

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Tax

Somerset farmers plan to join tractor convoy at Labour conference

Ross PollardBBC News, Somerset and Dawn LimbuBBC News, Bristol BBC Farmers are protesting against the government’s inheritance tax plans A group of farmers plan to drive their tractors to the Labour Party Conference in Liverpool to protest against the government’s inheritance tax changes. Farmers gathered at Sedgemoor Market near Bridgwater in Somerset on Saturday as

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