March 12, 2026
Tax

Government Council Tax update says some people don’t need to pay

Government chiefs have issued an update, as some people may not realise they are exempt from Council Tax bills Council Tax can make a huge dent in a household’s outgoings(Image: coldsnowstorm via Getty Images) The UK Government has issued a Council Tax update almost five months after bills rose for millions of households. Most local

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Tax

How does changing my will to leave less to one child create a tax problem for them? – The Irish Times

I am widowed and living alone in the house I own. I have three children. I made a will after my husband’s death and apart from small bequests to grandchildren and charities, I left the balance in equal shares to my three children. Circumstances for two of my children have changed in recent years and

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Tax

Accountant issues advice ahead of HMRC’s ‘biggest tax shake-up in years’

An accountant has issued advice to millions of Brits that their lives could become ‘much harder’ with the ‘biggest tax shake-up in years’ coming into effect from April 2026 An accountant has issued a warning to all landlords and self-employed people (stock)(Image: Peter Dazeley via Getty Images) An accountant has issued advice to millions of

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Tax

Football legend John Barnes opens up on tax nightmare: ‘I’m paying what I owe’

The ex-Liverpool and Watford winger, who was the first £10,000-a-week player, said he has been paying HMRC for the past eight years after suffering heavy losses from poorly advised investments 16:14, 29 Aug 2025Updated 16:33, 29 Aug 2025 John Barnes during his England pomp in 1989(Image: Getty Images) Football legend John Barnes has opened up

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Tax

Labour’s election manifesto author doubles down on controversial tax pledges – POLITICO

“I think it comes more from a not wanting to shy away from difficult tradeoffs, difficult problems, and really wanting to crack on and do things quickly,” he said. “I think that’s where it’s maybe gone wrong”. Asked about whether he feels the government needs to reset its policy prospectus, given its declining poll numbers,

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Tax

This $7,500 Tax Break Vanishes in September — Here’s How to Qualify

If you’ve been itching to buy an electric vehicle, now is definitely the time. A lucrative tax credit worth thousands of dollars for drivers who buy certain model EVs is about to expire. Revamped by the 2022 Inflation Reduction Act, the EV tax credit offers a deduction of up to $7,500 with the purchase of

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Tax

Reeves considers tax raid on landlords – The Telegraph

Reeves considers tax raid on landlords  The Telegraph Reeves ‘plots tax raid on landlords’ to help plug £40bn Budget black hole  The Independent Property tax threat is slowing down housing market, say UK agents  The Guardian Landlords could face national insurance on rental income in budget  The Times Rachel Reeves mulls ‘tax hike for landlords’ with new national insurance

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Tax

Changes proposed to Wales holiday let tax rules

But director of PASC UK Cymru Nicky Williamson said “whilst members will welcome the ability to count charity weeks again, this is nowhere near enough”. She added: “For three years we have continually presented the Welsh government with data showing the damage caused by this policy – yet they continue to ignore the reality. “Tourism

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Tax

Treasury ‘considering taxing landlords’ rent’ to raise £2bn | Property

The Treasury is reportedly considering a tax on landlords that will target income from rents in the autumn budget. The proposals are centred on the expansion of national insurance to include rental income, which is currently exempt from the levy, as part of a broader push to plug a potential £40bn shortfall in the public

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Tax

Tax expert urges Vinted sellers to do one thing to avoid nasty HMRC fine

If you’re an avid Vinted user, you may be wondering whether your sales need to be reported to HRMC. A tax expert breaks down the rules and shares how to avoid a nasty fine 08:00, 27 Aug 2025Updated 08:38, 27 Aug 2025 A tax expert explains how to avoid getting fined while selling on Vinted

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