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 ...

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

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 ...

Those with £3,500 or more in savings are being warned they may face a surprise tax bill letter from HM Revenue and Customs in ...

Frozen tax thresholds are dragging millions more people into higher and additional rate tax brackets. Will you pay more?

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

Knowing your way around the tax system means you can take advantages of ways to keep more of your income tax-free ...

Laura Suter, director of personal finance at AJ Bell, said: “The figures published today show that in just the past year alone, from 2024-25 to the current 2025/26 tax year, a further half a million ...

MILLIONS of workers will be hit with higher tax bills in the coming years as frozen thresholds will force them to hand over ...

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.

More than seven million people in the UK will now be subject to the higher rate of income tax, which stands at 40%. This ...