UK Tax & Money News
Plain-English explainers on the UK tax and money changes that affect your pocket — new rules, rates, refunds and deadlines, the day they land.
Tax on Savings Interest 2026/27: The Personal Savings Allowance
With savings rates the highest in years, more people are breaching their Personal Savings Allowance - £1,000 for basic-rate, £500 for higher-rate and £0 for additional-rate taxpayers - and owing tax on interest for the first time. Here is how it works, with examples, and how to stay tax-free.
16 Jun 2026
Why More Pensioners Are Getting Surprise Tax Bills in 2026
A frozen £12,570 personal allowance, a rising state pension and higher savings interest are combining to push more retirees into paying income tax - often for the first time, and sometimes via an unexpected HMRC "Simple Assessment" letter. Here is why, with examples, and what to do.
16 Jun 2026
Capital Gains Tax 2026/27: £3,000 Allowance and 18%/24% Rates
The capital gains tax-free allowance has been slashed to £3,000 for 2026/27, down from £12,300 three years ago. Gains are taxed at 18% (basic rate) or 24% (higher rate). Far more people now owe CGT on shares, second homes and crypto - here is how to work out and reduce your bill.
15 Jun 2026
Frozen Tax Thresholds to 2031: The Stealth Tax Explained
The £12,570 personal allowance and £50,270 higher-rate threshold are frozen until April 2031. As wages rise but thresholds stay still, millions are dragged into paying more tax - and many into the 40% band for the first time. This is the "stealth tax", explained with real examples.
11 Jun 2026Work out what it means for you
Read the news, then run the numbers on your own situation.
