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Tag: allowances

Frozen allowances leave ‘dismayed’ pensioner facing tax on ‘meagre’ pension for first time

Posted: June 7, 2024 at 10:22 pm   /   Business

EXCLUSIVE: Jan and Terry Smith were recently slapped with an income tax bill of over £350 collectively on their “small” pensions. Daily Express :: Finance Feed

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From savings to allowances: Six key pension tips to consider before the new tax year

Posted: March 27, 2023 at 10:22 am   /   Business

Britons may wish to take action with their pension before the end of the tax year. Daily Express :: Finance Feed

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Budget 2023 predictions: From energy bills and fuel duty to pensions tax allowances

Posted: March 13, 2023 at 10:22 pm   /   Business

From an extended energy price guarantee to raised tax allowances, here is a round-up of the latest predictions for what might be announced in Chancellor Jeremy Hunt’s 2023 Spring Budget. Daily Express :: Finance Feed

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Britons urged to ‘maximise’ tax allowances before thresholds slashed next year

Posted: December 27, 2022 at 9:22 am   /   Business

Thousands of Britons are set to be hit by capital gains tax for the first time next year, as the allowance is to be halved in April next year. Daily Express :: Finance Feed

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ISA warning: Tomorrow is the last day that allowances can be used before resetting

Posted: April 4, 2020 at 10:26 pm   /   Business

ISAs can only be contributed to within certain dates. Up to £20,000 can be put into ISA accounts but allowances will soon reset. Daily Express :: Finance Feed

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Pension: Allowances altered for high earners Rishi Sunak confirms in Budget 2020

Posted: March 11, 2020 at 10:24 am   /   Business

PENSION allowances will increase for many people across the UK. The annual allowance is the limit placed on how much can be contributed to a pension before tax costs are introduced. Rishi Sunak today announced huge changes to these allowances in the 2020 Budget. Daily Express :: Finance Feed

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End of tax year: ISAs, pensions, tax allowances ALL changing TOMORROW – how it affects YOU

Posted: April 4, 2019 at 10:22 pm   /   Business

THE end of the tax year is approaching meaning we will soon enter a new financial year. Here’s everything you need to know about changes to ISAs pensions and tax allowances – and how it affects you. Daily Express :: Finance Feed

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