The upcoming state pension increase on April 7 could push more pensioners above the hated income tax threshold, resulting in ...

Wealthy retirees are buying bigger houses and funding their grandchildren’s school... ‘I’ve worked in the RAF and NHS and own ...

HMRC automatically knows how much interest you earn on your savings in bank accounts and if you owe additional tax ...

In India, the highest income tax rate is 30% for the top income bracket, with an additional surcharge of ... Individuals earning over £125K in the UK are subject to the highest rate of 45%.

As a result, inherited pensions could be subject to “double taxation”. This would create an effective tax rate of 52% for ...

Savers have been reminded that they could get an unexpected bill from HM Revenue and Customs (HMRC) due to interest earned - ...

HMRC normally sends out P800 letters, which tell you if you have overpaid or underpaid tax, by the end of November - but some ...

The Chancellor's decision to include pensions in the calculation of IHT will mean grieving families could face hefty tax ...

More than 12,000 people have signed an online petition calling on the UK Government to increase the personal tax allowance from £12,570 to £20,000 to help people on a low income “get off benefits and ...

Company car tax (BIK) has gone up for all car types, under changes being rolled out by the Labour Party government from April ...

One of the most significant factors affecting how much money you retain each year, and how much is claimed by HM Revenue and ...

The SNP 's Budget passed its main hurdle yesterday in what the Scottish Tories claimed was a 'day of betrayal' for workers ...