Category : Search result: tax on savings


Aussie Expat's Dubai Tax Dodge Foiled in Court

A wealthy Australian expat's elaborate scheme to avoid paying millions in taxes by claiming non-residency from a Dubai apartment has been crushed by a landmark court ruling, setting a major precedent for global tax enforcement.

Pensioner wins £10k tax victory against HMRC

A retired British pensioner has successfully reclaimed nearly £10,000 after a landmark tribunal ruled HMRC unfairly taxed his pension. This case sets a crucial precedent for thousands of retirees facing similar tax demands.

HMRC's New Tax Rules for Vinted & eBay Sellers

UK online sellers on Vinted, eBay, and Etsy are being urgently warned about a major new HMRC tax rule change coming into force on January 1st, 2024. Here's what you need to know to stay compliant.

State Pension Tax Trap: Thousands Owe HMRC

A hidden tax trap is snaring UK state pensioners. Discover why you might owe HMRC even if your income is below the tax threshold and how to check if you're affected.

HMRC £42bn Unclaimed Tax Refund Alert

Exclusive: HMRC is sitting on a £42bn pot of unclaimed tax refunds. Our guide reveals the simple checks to see if you're owed money and how to claim it securely.

Labour's 'Workers Tax' Could Cost Families £1,600 Extra

Exclusive investigation reveals Labour's proposed 'Proportional Property Tax' could cripple average workers, with bills soaring up to £1,600 annually. Experts warn of devastating impact on family finances and rental markets.

Garden shed tax warning for UK homeowners

Thousands of UK homeowners could be hit with surprise tax bills for their garden sheds, garages, and other outbuildings due to a little-known council tax rule. Experts warn that failing to declare these structures may lead to hefty fines.

Tax-Free Back-to-School Shopping Sweeps US

American families can enjoy significant savings during the annual tax-free weekends as states slash prices on school essentials. Discover which items are discounted and where.

HMRC's Making Tax Digital: Deadlines & Fines

HMRC's Making Tax Digital (MTD) initiative is rolling out new requirements for businesses and landlords. Here’s what you need to know about deadlines, penalties, and how to prepare.

Millions hit with shock savings tax bills

Over a million UK savers are facing unexpected tax bills due to rising interest rates. Find out if you're at risk and what you can do to protect your savings.

Labour plans to scrap ISA savings tax

Shadow Chancellor Rachel Reeves announces Labour’s proposal to abolish tax on savings held in ISAs, aiming to boost household finances and stimulate economic growth.

HMRC tax warning: Millions could claim refunds

HMRC has issued a crucial update for taxpayers, revealing that millions may be eligible for refunds due to overpaid taxes. Find out if you're owed money and how to claim it.

Thousands hit with shock tax bills

HMRC's latest crackdown leaves thousands facing unexpected tax demands. Find out if you're at risk and what you can do about it.

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