New Income Tax Bill 2025: Key Changes, How Does It Affect You?
The new income tax bill, which replaces the Income Tax Act of 1961, will be presented in Parliament during the ongoing Budget ...
New income tax bill expected to be presented in Parliament next week, finance secy says it won't have any new taxes
Budget 2025 prioritises non-inflationary growth through careful fiscal management, with the government's entire borrowing of ...
Hundreds of thousands face shock tax bill in April as HMRC delays sending out vital letters
HUNDREDS of thousands of savers are set to be hit with a surprise tax bill this spring as HM Revenue & Customs (HMRC) is ...
HMRC rule change delay means 'hundreds of thousands' facing tax bill
However, HMRC has now extended this deadline until March 2025. This news comes to light following reports from The Sun ...
Income Tax Bill News Highlights: Union Cabinet approves new I-T Bill; will be presented in Parliament next week
The Union Cabinet is expected to approve the new Income Tax Bill today, potentially leading to its introduction in the Lok ...
Crime3d
Rachel Reeves' tax plan set to hit state pensioners amid calls to change it
A fresh online petition is urging the UK Government to raise the personal tax allowance from £12,570 to £20,000 to assist low-income individuals "get off benefits and allow pensioners a decent ...
HMRC warning to people with over £3,500 in savings account
People with £3,500 or more in savings are being warned they could face an unexpected tax bill from His Majesty’s Revenue and ...
HMRC could hike Personal Tax Allowance by £7,430 for UK households
The Labour Party is under pressure to hike the Personal Tax Allowance, as a Parliamentary website petition calls on the tax ...
HMRC warning to people with £6,000 stashed away in a savings account
Under HMRC guidance, you're entitled to a tax-free personal allowance. For those earning under £100,000 with no taxable perks ...
Daily Express6d
Major car tax changes coming in weeks will have one big impact on motorists
Car tax changes set to be introduced in April could lead people to ditch double cab pick-ups for single occupancy vehicles, adding traffic to UK roads, according to campaigners. From the Spring ...
The Mirror3d
Elderly drivers slam car tax charges ahead of change to rules in April
New car tax rules will be introduced in April, and elderly drivers are being urged to check their vehicles before the changes take effect ... registered in the UK. You need to pay tax when ...
Mint3d
New Income Tax Bill 2025: What’s new, what may change, and what we can expect?
In the next 64 years, the Income Tax Act has undergone a flurry of changes almost every year. From tweaks in the tax rates to the introduction of new provisions; from bringing a new exemption to t ...