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State Pension to Rise to £586 a Week? Chinese E-Commerce Giant Shein Hits £2 Billion Sales in the UK! Over 3 Million Investors to Pay Dividend Tax!
State pension alert: DWP called to raise payments to £586 a week and slash retirement age to 60; Online fashion retailer Shein’s UK sales leap by a third to more than £2bn; UK Cuts Dividend Tax Allowance Twice: 3.6 Million Investors Now Face Tax
TBA
3 days ago5 min read
UK May Raise Basic Income Tax Rate to 25%?! Private School Parents Face HMRC Back-Tax Warning! Interest Rates Fall to Lowest Level in Over Two Years
Rachel Reeves needs to put up taxes to cover £40bn deficit; HMRC could claw back VAT from private school advance fee schemes; Interest rate cut to lowest level in more than two years
TBA
Aug 115 min read
UK Considers Ending Pension ‘Triple Lock’ and Charging for NHS; 24+ Councils Back Four-day week
The UK Chancellor is considering ending the pension 'triple lock' system and introducing charges for NHS treatments; over 24 local councils are pushing for a four-day workweek, with South Cambridgeshire District leading the way by making it permanent; UK MPs jointly call for the introduction of a 'wealth tax'.
TBA
Jul 285 min read
UK Voting in Next General Election Age Lowered to 16, Mortgage Eased for First-Time Buyers — Labour Market Woes May Slow Rate Cuts
Rachel Reeves has announced the ‘biggest financial regulation reforms in a decade; 16 and 17-year-olds will be able to vote in next general election; UK unemployment rises and wage growth slows as jobs market ‘weakens’
TBA
Jul 215 min read
UK Faces Pension Crisis? Income Tax Reform Coming April 2025; Donald Trump announces 30% tariff on imports from EU
UK's pension triple lock to cost three times more; Donald Trump announces 30% tariff on imports from EU; HMRC confirms new income tax change starts next April
TBA
Jul 145 min read
UK Tax-Free Allowance Freeze May Push 7 Million into Higher Tax Rates! Labour's Welfare Reform U-Turn Sparks Controversy
HMRC's urgent warning to seven million UK households over tax rates; U-turn in UK Welfare Reform: Planned Fiscal Savings May Evaporate; The EU is considering imposing high tariffs on Chinese electric vehicles.
TBA
Jul 75 min read
Business Energy Bills could be cut by up to 25%! Winter fuel payment Returns—But with a Tax Twist? HMRC to Reduce taxpayer letters by 75%!
HMRC to reduce taxpayer letters in £50m cost-cutting plan; UK considers taxing pensioners to claw back winter fuel payment; Energy bills could be cut by up to 25% for thousands of UK businesses.
TBA
Jun 304 min read
Millions more to get £150 off energy bills; Chancellor Eyes Softer Inheritance Tax; Bank of England Holds Rate at 4.25%
Millions of people will receive a £150 energy bill discount; the Chancellor is considering easing inheritance tax reforms to curb capital outflows; the Bank of England keeps the base interest rate at 4.25%.
TBA
Jun 235 min read
UK Economy Shrank 0.3% in April, Higher Taxes and Spending Cuts Expected
The UK economy shrank by 0.3% in April, with further tax hikes and spending cuts likely; council tax is expected to increase by 5% annually; the UK unemployment rate has risen to its highest level in four years.
TBA
Jun 164 min read
£47 Million Phishing Scam Hits HMRC, 100,000 Accounts Affected | Winter Fuel Payment Reinstated | Property Market Enters Adjustment Phase
100,000 HMRC accounts hit as scammers steal £47m in phishing attack; Winter fuel payments to be reinstated this year; First-time buyers typically borrowing for 31 years
TBA
Jun 95 min read
UK Government Unveils £25bn Pension ‘Megafunds’, Considers ‘Bath Tax’ and Scrapping Two-child Benefits Limit
Prime Minister says government 'will look at' scrapping two-child benefits limit; Labour plots ‘family bathtime tax’ on water bills; Reeves outlines plan for £25bn pension 'megafunds'.
TBA
Jun 24 min read
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