‘Vicious and damaging’: Council tax overhaul set to end decades of financial ruin fears April 16, 2026 Brits will be granted more time to settle outstanding council tax bills under fresh reforms, ending decades of “vicious” collections which have left many on the brink of financial ruin. The shake up to the administration of bills sparks the first changes since 1993, after the lack of updating to fit modern needs and shifting [...]
Flagstone boss: Labour tax changes the biggest driver of savers choosing cash over stocks and shares April 16, 2026 Britain’s unpredictable tax landscape means households are choosing to build up war chests of cash over other assets like stocks and bonds, the boss of Britain’s largest savings platform has said in a blow to government efforts to boost retail investing. Flagstone chief executive Arman Tahmassebi said his clients were adding to their cash savings [...]
Thousands of taxpayers to miss out on rebate as HMRC still sending cheques April 13, 2026 Thousands of Brits are missing out on collecting their tax rebates after failing to cash in cheques sent to them by HMRC. According to an FOI from the i paper, the department issued 1,746,720 cheques last year, but 178,180 were never cashed. The cheques had a combined value of £144m, meaning taxpayers who failed to [...]
Taxpayers brace for a financial hit after personal allowance rule change April 9, 2026 British taxpayers are bracing for a fresh financial hit as changes to the personal allowance creeps closer. While the personal allowance itself is not changing, remaining frozen at £12,570 until 2031, a subtle change will take effect from the next tax year, as the government places a new lock onto how it is applied, affecting [...]
OpenAI calls for ‘tax on automated labour’ as it sounds alarm on economic risks April 7, 2026 OpenAI has called for a tax on automated labour as the firm laid bare the scale of the structural risks to the global economy that could be wrought by the rise in artificial intelligence. In a wide-ranging set of proposals in a paper described as “Industrial Policy for the Intelligence Age”, the ChatGPT maker called [...]
Tax instability drives ultra-wealthy to pack their bags April 2, 2026 Tax instability has driven huge swathes of the UK’s ultra-wealthy to consider leaving the country over the past twelve months. Two-thirds of the UK’s wealthiest have mulled fleeing the country for tax reasons, according to the latest research from accountancy firm BDO. But while conversations surrounding tax have focused on the rate Britain’s wealthiest pay, [...]
Stealth taxes are rising – here’s how to protect your money before 5 April April 2, 2026 Niche taxes like inheritance tax and capital gains tax are fast becoming major cash cows for the treasury. Here’s what to do before the end of the tax year Britain’s stealth tax is accelerating, with more people being pulled into the net without realising it. The government is collecting more from capital gains tax (CGT) [...]
Ask the expert: How do I convert my property portfolio into a pension? April 2, 2026 Do you have a personal finance question that you’re struggling to find an answer to? Email [email protected] Questions will be published anonymously. Fidelity personal finance specialist Marianna Hunt is back to advise a reader who is looking to turn their property portfolio into pension income. Q: How do you convert an exclusively property portfolio into [...]
Awful April: brace for a wave of stealth tax rises March 31, 2026 April is upon us and the new tax year will usher in a range of tax hikes, despite the absence of any headline rate rises, with frozen thresholds, shrinking allowances and tighter reliefs set to hit families, workers and savers. The harsh impact will also be felt as Brits are hit with a wave of [...]
The end of the tax year is approaching: Here are the key allowances to use March 12, 2026 The end of the tax year is fast approaching with April 5 just weeks away. Many people will be awaiting the opportunity to renew their ISAs to manage their tax bill, but others will be prioritising making the use of key tax allowances. Many of these allowances cannot be carried forward into the new tax [...]