2 Million Face £100k Tax Trap as Fiscal Drag Bites
A record two million workers will be hit by a 60% effective tax rate from April 2026 due to frozen thresholds and fiscal drag. Discover what the 'six-figure tax trap' means for you.
Category : Search result: sixfigure tax trap
2 Million Face £100k Tax Trap as Allowance Withdrawn
A record two million UK workers will be caught in the 'six-figure tax trap' from April, facing a 60% effective tax rate. Discover how fiscal drag and frozen thresholds are impacting middle-earners.
Thousands to lose free childcare in HMRC tax threshold alert
HMRC data reveals over two million workers will hit the £100k tax threshold by 2027, losing free childcare. Discover the impact of frozen tax bands and expert tips to mitigate the financial hit.
HMRC's tax warning for selling Christmas gifts
HMRC issues a crucial reminder on tax rules for selling unwanted Christmas presents. Find out if your side hustle or gift sales could lead to an unexpected tax bill.
Poll: Most Americans Lack Basic Tax Literacy
A 2024 survey reveals a widespread lack of tax understanding in the US, with serious financial consequences. Experts call for urgent education reform.
Matt Gutman's shirtless run video sets social media alight
Incoming CBS chief correspondent Matt Gutman ignites Instagram with a shirtless mountain run video, dubbed a 'thirst trap', ahead of his Monday start under Bari Weiss. Read the full story.
New CBS Chief's Shirtless Run Video Sparks Social Media Frenzy
Matt Gutman, incoming CBS chief correspondent, set social media alight with a shirtless mountain run video, drawing a flood of 'thirsty' comments ahead of his Monday start date. Read the full story.
HMRC pension tax relief alert: rules and claim delays
HMRC clarifies pension tax relief rules after a taxpayer query, advising claimants to monitor their accounts. Key deadlines and processes for automatic and manual claims revealed.
ACCC Sues HelloFresh and Youfoodz Over Subscription Traps
Australia's consumer watchdog takes HelloFresh and Youfoodz to court, alleging over 100,000 customers were misled by difficult-to-cancel meal-kit subscriptions. Read the full details.
Car Tax Reduced to £0: See Who Qualifies for Exemption
Millions of UK drivers could be eligible for a 100% Vehicle Excise Duty exemption. Discover if you qualify for zero car tax and see the full list of criteria, including disability benefits and classic cars.
Check Your Tax Code: Claim Back £3,539 From HMRC
HMRC repaid £48.5m to pension savers hit by emergency tax. Check if your tax code ends in 'M1' and learn how to claim your average £3,539 refund now.
Critically Endangered Arabian Caracal Filmed in UAE
Wildlife experts capture rare footage of the elusive Arabian Caracal in a UAE national park, sparking calls for continued conservation of wild spaces. Discover the story.
Olivia Hawkins on Kerry Katona's Life Lesson & New Film
Love Island's Olivia Hawkins shares the vital life advice Kerry Katona gave her and discusses her new film role in 'Tales From The Trap'. Discover her career shift away from reality TV.
Half million face 60% tax trap in pay rise penalty
Chancellor's extended tax threshold freeze will push workers into punitive marginal rates up to 380 million percent. Discover how to protect your income.
Council Tax to Rise 5%: How to Cut Costs
Millions face a 5% council tax hike next year, adding £114 to typical bills. Discover actionable ways to reduce your payments and challenge your band.
Mum's food dye lunch trap catches school lunch thief
A UK mum devised a clever plan using food colouring and edible glitter to prove her daughter's lunch was being stolen at school. Discover the creative solution that went viral.
1 Million More Pensioners Hit by Income Tax Freeze
Chancellor Rachel Reeves extends income tax threshold freeze to 2031, dragging over a million pensioners into the tax net. Discover the full impact on retirees and working people.
Reeves hikes property, savings and dividend taxes
Chancellor Rachel Reeves announces a 2% tax rise on property, savings and dividend income in her second Budget, targeting fairness. Discover the full details.
Toy Legend Burt Meyer, Creator of Mouse Trap, Dies at 99
Burt Meyer, the iconic toymaker behind Mouse Trap and Lite-Brite, has died aged 99. Discover the legacy of the man who shaped childhoods for generations.
Young Person's Benefit Trap in Rachel Reeves' Budget
Chancellor Rachel Reeves' first budget creates an 80% effective tax rate for young people transitioning from benefits to work. Discover the flaw and needed solutions.
Trump's Deportation Trap in Immigration Courts
Exclusive investigation reveals how US immigration courts became deportation traps under Trump administration, with coordinated arrests and text message surveillance.
Danniella Westbrook's Movie Comeback After 8-Year Hiatus
Former EastEnders star Danniella Westbrook returns to acting in 'Tales From The Trap', a gritty urban drama exploring London's gang culture. Filming starts this week.
New HMRC Tax Rules for Self-Employed in 2026
Self-employed workers and landlords earning over £50,000 must prepare for HMRC's Making Tax Digital for Income Tax, requiring quarterly digital updates from April 2026. Learn how to adapt.
Reeves Plans £20-30bn Tax Rise in November Budget
Chancellor Rachel Reeves abandons income tax rise but targets £20-30bn through threshold freezes, EV charges & gambling taxes. Full budget breakdown inside.
2024 Income Tax Shock: How Much More You Pay
Millions of UK workers face higher income tax bills from April 2024 as frozen thresholds drag more earners into higher brackets. Our comprehensive guide reveals exactly how much extra you'll pay.
Millions Could Claim Council Tax Refunds - Check Now
Shocking investigation reveals millions of British households may have overpaid council tax and could be entitled to refunds worth thousands. Find out if you're affected and how to claim.
HMRC Urges Millions to Claim £1.5bn Tax Refunds
HMRC is sitting on £1.5 billion in unclaimed tax refunds - discover if you're among the millions owed money and how to claim your cash before it's too late.
Vinted sellers face HMRC tax crackdown under new rules
HMRC launches new digital reporting requirements for online sellers using platforms like Vinted and Depop. Find out if you need to complete a tax return and avoid potential penalties.
Reeves plans 'death tax' hikes and stealth Budget levies
Chancellor Rachel Reeves is preparing a blizzard of tax increases targeting wealthy estates and middle earners, with inheritance tax reforms and capital gains adjustments on the table. Meanwhile, horse racing escapes gambling reforms in what critics call
UK Families Face £1.1M Lifetime Tax Burden Under Labour
Exclusive analysis reveals the crushing lifetime tax burden awaiting British families as Rachel Reeves faces scrutiny over Labour's fiscal plans and economic transparency.
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