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income tax

Money changing hands

Tax rebate for 22 million people

Around 22 million workers are set to receive an extra £60 in their pay packets for September, as new tax measures come into force this month. Read more
Abacus

Tax change set to hurt 18 million families

Eighteen million families will find themselves worse off in two years time if the government fails to extend last week’s one-off income tax cut, a new report has warned. Read more
City workers

Thousands now facing a higher rate of income tax

Moves to compensate people hit by the axed 10p tax rate will push thousands more people onto a higher rate of income tax, experts have warned. Read more

Darling announces plan to compensate 10p tax victims

Basic rate taxpayers will see their personal allowances increase by £600 this year, under measures announced by chancellor Alistair Darling to compensate those hit by the 10p tax rate axing. Read more

Tax changes at a glance

The new tax year has brought in a host of tax reforms. Here is the Moneywise guide to the changes impacting your personal finances this tax year. Read more

Buy-to-let landlords facing tax crackdown

The taxman is believed to be planning a major crackdown on buy-to-let landlords who have failed to declare their rental income. Rebecca Atkinson examines the current tax obligations on property. Read more

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