MoneySavingExpert News

Income Tax

Martin Lewis: Four urgent ways you may be due £1,000s in tax back – if you're married, had a PPI payout, wear a work uniform or even just pay tax

If you're married or in a civil partnership, have ever had a PPI payout, wear a uniform to work or pay any income tax, you could be due £100s or even £1,000s in tax back – but you'll need to check urgently.

23 March 2023

Scottish budget: Higher earners to pay more tax and benefits to rise by 10.1% – what the changes mean for you

Deputy first minister John Swinney has announced major income tax rises for higher earners in Scotland from April next year.

15 December 2022

Warning: Filing a paper self-assessment tax return? You must act NOW to avoid a £100 fine

If you're submitting a paper version of the self-assessment tax return, then the deadline to file is just days away, on 31 October. And if the tax office receives it later than this Sunday you will liable for a £100 fine.

25 October 2022

Chancellor's emergency fiscal budget – Jeremy Hunt scales back energy support and reverses tax reforms: Here's what you need to know

New Chancellor Jeremy Hunt has reversed a host of tax reforms and drastically scaled back energy help previously announced in September's mini-budget.

18 October 2022

Top 45% rate of income tax will remain in place, as Government U-turns on plans to scrap it

The change means those earning above £150,000 will continue to pay a higher marginal rate of tax, as they do now.

3 October 2022

Mini-budget 2022: Income tax to be cut for millions from April – what it means for you

Chancellor Kwasi Kwarteng has announced big tax cuts for individuals and businesses including a major shake-up to income tax.

23 September 2022

Budget 2021: Income tax thresholds frozen – meaning many will pay more

Income tax thresholds are to rise from April 2022 and then be frozen for a further fours years until April 2026, Chancellor Rishi Sunak has revealed

3 March 2021

Filing a self-assessment tax return? You've got until 31 January

If you're one of the millions of taxpayers still to file their self-assessment tax return, you've less than a month until the deadline. Act NOW to avoid a £100 fine - especially if you're filing for the first time, as it could take up to 10 working days to receive an activation code

3 January 2019

Budget 2018: Most to pay less income tax from April

Chancellor Philip Hammond has announced the personal allowance for income tax will be increased from £11,850 to £12,500 from April 2019, while the threshold at which you pay a higher rate of income tax will rise from £46,350 to £50,000

30 October 2018

Budget 2018: What you need to know, incl changes to tax, benefits, Premium Bonds & more

Read our full round-up of the Chancellor Philip Hammond's 2018 Budget

30 October 2018