tax

Beware new council tax scam where fraudsters offer you a refund

Fraudsters are targeting people in a new council tax scam by suggesting they are owed a refund.

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Probate fee hikes of up to £6,000 ARE a tax, official statistics say despite government claiming otherwise

The overhaul of probate fees has caused fresh controversy after the new fee structure was referred to as a tax by the government in a new report, despite ministers saying it wasn’t last year.

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Spring Statement 2019: the UK economy is in rude health, but only if a no-deal Brexit is avoided

Against a backdrop of continued uncertainty over what shape and form Brexit will take, Chancellor Phillip Hammond used his Spring Statement to reassure both consumers and business that the UK economy is in rude health –...

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Spring Statement 2019: government confirms import tariff reductions to cut costs for consumers in the event of no deal Brexit

The government has announced plans for a new temporary tariff regime, designed to reduce the risk of economic damage should the UK leave the EU without a deal.

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Council tax hikes to over £1,800 in some regions as second largest increase in a decade set to bite

Band D households can expect to see council tax bills rise by a typical 4.5% in April, making it the second biggest increase in 10 years. 

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How much tax should I pay on my savings?

The first £1,000 of savings income for a basic-rate taxpayer and £500 for a higher-rate taxpayer benefits from a 0% income tax rate, as does the first £2,000 of dividend income.

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Over-55 pension savers overtaxed by £400 million - here's how to avoid being stung

The number of pension savers being hit with a tax bill on pension lump sum withdrawals has continued to grow.

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Inheritance tax payments top £5 billion in 2018 - and are set to keep rising

The much-maligned inheritance tax has earned HMRC more than £5 billion in a year for the first time, and is set to keep growing.

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How much tax does Paul Pogba pay? Premier League footballers pay more than £1 billion in tax

The Premier League contributed a total of £3.3 billion in tax to the Treasury in 2016-17.

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Can I cut the tax on my pension withdrawal?

You don’t say whether you are currently working or not.

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