Category : Search result: ATO tax shortfall


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.

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.

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.

EV Boom Creates £13B Treasury Black Hole

As petrol and diesel cars disappear from UK roads, the Treasury faces a massive fuel duty shortfall that could force difficult tax decisions. Discover how the switch to EVs is reshaping Britain's fiscal landscape.

Police Scotland demands extra £140m amid budget crisis

Police Scotland faces its most severe financial crisis since its creation, with chiefs warning they need an additional £140 million annually just to maintain current service levels amid rising operational costs.

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.

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

Reeves Declares War on Tax Dodgers with New Charge

Shadow Chancellor Rachel Reeves unveils bold plan to target non-doms and private equity with new tax measures to fund public services, as Labour positions itself as party of fiscal responsibility.

HMRC cracks down on side hustle tax evasion

BBC money expert reveals HMRC's new powers to track your side income from online platforms. Discover what you need to declare and how to avoid penalties in our essential guide.

2024 Income Tax Changes: What You'll Really Pay

Millions of UK workers face significant income tax changes from April 2024. Our comprehensive guide breaks down exactly how the new tax rates and thresholds will impact your take-home pay.

Tax Deadline: Avoid £1650 ATO Fine - Oct 31

Millions of Brits risk substantial penalties as the October 31st self-assessment deadline approaches. Learn how to avoid the Australian Tax Office's automatic fines and secure your financial future.

Scots Face £6,500 Council Tax Hike in SNP Overhaul

Homeowners across Scotland brace for financial blow as SNP government plans radical council tax overhaul that could see bills increase by up to £6,500 annually under controversial new property valuation system.

Why Labour must tax wealth, not just income

As Labour prepares for government, experts argue that taxing wealth through mansion levies and council tax reforms could be the key to solving Britain's fiscal crisis without punishing ordinary workers.

Page 1 of 4