The latest figures from HMRC show there were 5.1 million people paying the higher 40% rate of tax in 2022/23 tax year - up by ...

Latest HMRC figures show there were 5.1 million people paying the higher 40% rate of tax in 2022/23 tax year - up by 680,000, ...

Millions more people will pay more in Income Tax as the personal tax thresholds remain frozen until 2028. The basic rate of Income Tax starts at 20% for earnings above £12,570 a year, then the higher ...

HMRC’s figures, which are the most up to date, recognise that so-called “fiscal drag” is behind the latest surge in ...

HMRC statistics show there was a marked increase in the number of taxpayers across the board between 2021/22 and 2022/23.

A petition calling for a change in the amount of money people can earn before they start paying tax has passed 100,000 ...

HMRC to launch new escalation service for agents handling Self-Assessment and PAYE queries more than four weeks old.

Millions of households will be impacted by major tax changes coming into force from April – with the government also said to ...

Latest HMRC data also shows retired baby boomers paying greater amount in income tax than working people under 30 ...

Under the Triple Lock policy, the New and Basic State Pensions increase each year in-line with whichever is the highest ...

In the current year, income between £26,562 to £43,662 is taxed at 21%. This banding will change to £27,492 to £43,662 from ...