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Income Tax

HMRC P60 end-of-year certificate and letters about tax rates
Some 1.3 million people are expected to start paying income tax and a million more will become higher-rate taxpayers by 2026 after Chancellor Rishi Sunak announced income tax thresholds are to be frozen after a rise this April. The Government's also freezing the pensions lifetime allowance and the thresholds for capital gains tax and inheritance tax.
3 March 2021
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If you're one of the millions of taxpayers still to file their online self-assessment tax return, you've two weeks 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.
14 January 2019
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Income tax cuts will be brought in a year earlier than planned and an extra £1 billion spent to help protect those moving onto universal credit, as part of the 2018 Budget unveiled by the Chancellor Philip Hammond.
30 October 2018
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Most people will pay less income tax from next April after the personal allowance and higher rate tax thresholds were both increased in the Budget – but higher earners will see part of the gain cancelled out by stealth rises to national insurance. 
30 October 2018
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Nearly 750,000 people missed the 31 January self-assessment tax deadline – if you're one of them, here's what you need to know.
2 February 2018
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Millions of taxpayers have until 31 January to file their online self-assessment tax return. Act NOW to avoid a £100 fine for missing the deadline – especially if you're filing online for the first time or don't know your login details.
16 January 2018
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The Scottish Government has announced changes to income tax bands which could see some middle earners pay more tax from next April.
15 December 2017
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The Conservative Party has launched its election manifesto with a series of pledges directly affecting consumers, including a price cap on standard variable energy tariffs, clearer mobile phone bills, means-testing of winter fuel payments, a social care shake-up and an end to the state pension 'triple lock' guarantee.
18 May 2017
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EE customers in London and the South East who left it to the last minute to complete their online self-assessment tax return were prevented from logging in to their HM Revenue & Customs (HMRC) account last night, after a blip in the network meant text messages were blocked. HMRC has promised you won't be penalised if you've been affected, though.
1 February 2017
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Time is running out for millions of taxpayers to file their online self-assessment tax return by the end of the month. Act NOW to avoid a £100 fine for missing the deadline – especially if you're filing online for the first time, as it could take up to 10 days for first-time filers to receive an activation code.
13 January 2017

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