Helen Morrissey, head of retirement analysis at Hargreaves Lansdown, said by the time earnings hit £125,140, the personal ...

Chancellor Rachel Reeves is reportedly planning to extend the freeze on income tax thresholds in the spring statement.

OVER nine million state pensioners are set to be hit with a “retirement tax” next year with rates rising next month. The blow ...

The income tax hit on London in 2022/23, the latest available figures, was a staggering £63.8 billion, and £44.6 billion for ...

EXCLUSIVE: Chancellor Rachel Reeves is set to unveil her highly anticipated Spring Statement on March 26, with a focus on ...

A 60% rate of income tax isn’t publicised in any HMRC guidelines because it’s an unofficial effective rate of Income Tax.

As a new financial year begins on April 6, both workers and retirees face a fresh wave of adjustments. HM Revenue and Customs ...

The onset of the new financial year on April 6 brings many changes for people in work or claiming benefits and those in ...

The quirk in the tax system often sees those on a good salary end up paying an effective tax rate of 60 per cent ...

The Chancellor will announce hikes to penalties for late tax returns in her Spring Statement as she scrambles to raise an ...

With the chancellor under pressure as she prepares for her spring statement, here's how the government collects and spends ...