May 16, 2026
Tax

Reform’s Richard Tice responds to reported failure to pay £100,000 tax | Politics News

Reform UK deputy leader Richard Tice said he is “always happy to put things right” if he hasn’t paid the right amount of tax. It comes after he reportedly failed to pay nearly £100,000 in corporation tax. Mr Tice did not pay any tax on the profits he made from four shell companies between 2020

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Tax

HMRC set to tax UK households 60% when they hit certain wage

Workers stung by a £100,000 HMRC tax trap are being put off work. The Organisation for Economic Cooperation and Development (OECD) published Foundations for Growth and Competitiveness 2026 report on Thursday, April 9. In it, it issued a series of warnings to the Labour Party Chancellor Rachel Reeves about how tax policy may be hurting

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Tax

How easy is it to challenge your council tax band?

Challenging your council tax band can be simpler than you might think, so why aren’t more of us doing it?   A Which? survey of 15,000 people found that 89% have never questioned their banding, while only a small 8% minority have actually taken action.  While 28% of challengers found the process a struggle, the consensus

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Tax

‘Stealth tax’ warning as ‘many’ dragged into higher tax bands

Many taxpayers don’t understand how the rules apply to them New tax rules have come in from April 2026(Image: Getty) Taxpayers have been told that they may be in for a surprise bill from HMRC. Specialists at the York-based accountancy practice Mollan & Co said that people are frequently caught off guard by the rules

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Tax

Hypocrite Richard Tice ‘owes £98,000 in tax’ after demanding Angela Rayner sack over smaller mix-up

Reform’s deputy leader Richard Tice reportedly owes tens of thousands in unpaid tax, after claiming Angela Rayner should be sacked for owing less than half of what he allegedly owes Richard Tice’s companies reportedly owes tens of thousands in tax(Image: PA) Reform’s multi-millionaire donor and deputy leader Richard Tice has companies that owe almost £100,000

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Tax

Gifts gone wrong cost families £61m in inheritance tax – make sure you don’t get caught out

A simple act of generosity in your lifetime can be a relatively easy way of transferring wealth out of your estate before you die. So long as you survive seven years, or the gift falls within one of HMRC’s tax-free allowances, there shouldn’t be any inheritance tax to pay. But while giving money away is

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Tax

‘I drive 20,000 miles a year. It’s sickening how much tax we pay on fuel’

It comes as other governments across Europe have taken action to cushion the blow of rising fuel costs. Taxes on petrol and diesel have been cut by around €0.30 a litre in Spain (£0.26) and by €0.17 in Germany. The Liberal Democrats have said that the Government should cut fuel duty by 10p to help

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Tax

One year until inheritance tax applies to pensions – how to prepare

With only 12 months until pensions are brought into the scope of inheritance tax, many people are reviewing their estate planning. In our recent survey of Which? members, a quarter said the new rules will alter their estate planning, while two in five expressed concern about the changes – even if they were unsure exactly

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Tax

BBC Radio 4 – Money Box

Can I trust the software companies? Tony got in touch with the show over security concerns. His question was: “Can I trust the intermediaries that the HMRC is imposing upon me? I mean, they’re not imposing a specific intermediary, but they’re saying, here’s a range of intermediaries, companies I don’t know from Adam, and I

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Tax

Millions could lose key tax perk under new pension crackdown

The chancellor announced last year that the amount you can pay in to your pension while saving on national insurance (NI) would be capped at £2,000. A new study by Standard Life suggests two in five employers are planning to scrap salary sacrifice schemes, raising fears workers will be left paying more National Insurance. What

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