tax

Is any taxed owed on my parents’ gift to me?

Neither of you will have to pay any tax right away on this gift – but there could be inheritance tax (IHT) implications further down the line.

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LISTEN: 10 tax changes you need to know about revealed in just three minutes

The new tax year is upon us and with it many changes that will affect our finances. 

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10 tax changes you need to know for 2019

The start of a new tax year is the perfect time to spring-clean your finances. Check out these tax changes to see whether you’ll be better or worse off in the year ahead

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More time for grieving families: probate fee hike delayed by Brexit

The new probate fee structure set to be introduced on 1 April has been delayed due to the ongoing Brexit tribulations in Parliament.

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Retirees could save thousands of pounds of pension tax by waiting until the new tax year

Deferring a drawdown payment by a few weeks could knock thousands of pounds off pensioners’ tax bills. 

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Can my dad help cut our future inheritance tax bill?

Since October 2007, it has been possible for spouses to pass their nil-rate band to each other for inheritance tax purposes. 

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Half of older homeowners never check benefit entitlement - find out if you can claim thousands of pounds

Older homeowners are being encouraged to check their state benefit entitlement as research shows just over half have never done so.

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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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