HMRC cuts tax-free Personal Allowance for people with letter K on payslip | Personal Finance | Finance

The new tax year has begun and for many, it will mean HMRC is catching up with what you owe and what you’re owed when end-of-year calculations are made for your earnings, savings, pension and other benefits. Taxpayers are being told that they should check their first payslip carefully this month, following the start of the new tax year, 2025-26, More...

Martin Lewis urges Direct Debit customers to ‘check today’ to get £100s back | Personal Finance | Finance
Money expert Martin Lewis is urging people to get back “hundreds” of pounds they may be owed by their energy firm. The Money Saving Expert founder says energy firms are “sitting on £3billion More...

Santander and HSBC slash rates as borrowers to cash in on ‘summer mortgage war’ | Personal Finance | Finance
HSBC and Santander have joined other mortgage lenders including Virgin and The Mortgage Works by cutting their rates. Mortgage brokers say they expect more high street lenders, such as the Halifax and Nationwide, More...

State pensioners to be hit with stealth tax raid as HMRC data shows millions affected | Personal Finance | Finance
The decision to freeze income tax thresholds means more people will be dragged into paying 20% tax on their earnings, and many state pensioners will also be affected. Freedom of information data from HM Revenue More...

Rachel Reeves humiliated as survey shows Brits ‘reject her pension gamble!’ | Personal Finance | Finance
Chancellor Rachel Reeves, like her predecessor, Jeremy Hunt, has been pushing UK pension funds to invest more in the UK economy, but experts fear this plan could backfire. Some of the UK’s largest pension More...

The worst mobile phone providers ranked – including EE, Vodafone and O2 | Personal Finance | Finance
Small mobile network providers, some of who only charge £5 a month, were more reliable than their big four rivals in a survey of more than 4,000 customers . EE, O2, Three and Vodafone were ranked worse than their More...

Rachel Reeves’ tax plan sees some fork out £800k to avoid huge bills | UK | News
Parents are scrambling to provide house deposits as high as £800,000 to help their children avoid a Rachel Reeves inheritance tax raid. Last year saw 110,325 homebuyers receive a minimum of £100,000 from family More...

HMRC issues letters with new tax codes to UK households – what they mean | Personal Finance | Finance
Some UK households may receive letters from HMRC in the coming days as new tax codes are rolled out for the 2025/26 financial year. As the new tax year begins, people may see changes to their tax code – More...

Martin Lewis warns people earning £25,000 hit with ‘killer stealth tax rise’ | Personal Finance | Finance
Martin Lewis has issued a warning to people earning £25,000 – because they will be forced to start repaying their student loan “even on minimum wage jobs” after a “killer stealth tax rise”. The More...

Premium Bonds prize rate could go up because of key NS&I target | Personal Finance | Finance
Premium Bonds savers frustrated to see their prize fund rate dropping in recent months could soon see a pleasing change in direction for the rate. The rate stands at 3.8%, having dropped from 4% from the April More...