The changes to personal tax thresholds – tax rates were frozen in 2022 and are set to expire in 2028-29 – are expected to ...

Enacted by the previous Conservative government, the so-called fiscal drag is due to end in April 2028. Forecasts by the ...

In particular, you can withdraw up to 5pc of the original investment each year on a cumulative basis without tax applying ...

As reported by the Daily Record, the total number of income tax payers is expected to reach 39.10 million in 2025-26, an ...

But leading tax lawyer Dan Neidle, now of Tax Policy Associates, claims a wealth tax would actually have a detrimental effect ...

Estimates suggest that a wealth tax could raise billions a year, but may lead to some ultra-rich leaving the UK ...

You’ve mentioned that you receive income from a final salary pension scheme. Although pension income is taxed under income ...

Half a million more people will be dragged into the higher rate tax bracket over the next year, with millions more set to pay ...

The number of people who will have to pay a higher rate of income tax is expected to rise by nearly two-fifths in the current ...

In addition, those paying the additional-rate income tax are expected to reach 1.23 million in 2025-26, a significant leap from around 570,000 in 2022-23 and 520,000 in 2021-22.

HMRC is set to collect £17m from Wimbledon 2025’s £53.5m prize pot, with singles champions losing up to £1.3m to UK tax under ...

In its first year, the Labour government has unveiled a raft of tax-raising measures, with Chancellor Rachel Reeves targeting ...