tax

Nearly half of UK workers have never checked their HMRC personal tax account

Nearly half of UK workers have never checked their personal tax account, new research from the Post Office shows.

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HMRC raises £5m from targeting tax-evading 'puppy farms'

An HMRC task force has raised £5 million in tax, by targeting dog breeders selling puppies on the black market.

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Pension freedoms tax trap catches out up to 150,000 each quarter - here's how to claim your money back

Just 12,600 pension tax claim forms were completed in the first three months of 2019, but official figures suggest the actual number of those that have been overtaxed is much higher.

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Retirees paying billions more in tax than previously thought

Royal London is accusing the government of ‘sneaking out’ figures which show that pensioners are paying £4 billion in year more in tax than had previously been thought.

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NHS doctors to reduce working hours unless their pensions are reformed

The British Medical Association (BMA) has warned the Chancellor that unless the government makes ‘tangible’ improvements to the NHS pension, doctors will start reducing their working hours.

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Retirees should lose free TV licences, state pension triple lock - and pay National Insurance, says Lords committee

A report from the House of Lords Committee on Intergenerational Fairness and Provision has made wide-ranging recommendations on benefits for the elderly, calling for much of the help for older generations to be curtailed.

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Brits paying record levels of inheritance tax says HMRC, but it can be avoided if you know how

Brits are paying more inheritance tax than ever before, according to the latest figures from HMRC.

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Inheritance tax: how much you can gift

Everyone is allowed to give away money every year with that amount immediately leaving their estate and no longer being liable for inheritance tax.

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NS&I bond changes could cause higher-rate taxpayers to breach personal savings allowance

Changes to NS&I's three-year Guaranteed Growth Bond, paying 1.95% interest, could see higher-rate taxpayers breach the personal savings allowance. 

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300,000 workers to get payslips for the first time as government urges employees to check they're being paid enough

Nearly 300,000 workers will get payslips for the first time starting from this week under new plans from the government.

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