Pay less tax

Student working over the summer? How to reclaim overpaid tax

Students, like all others, have to pay tax on their earnings if they exceed £11,500 a year as of 6 April 2017.

Ask the Experts: Should we wait seven years to sell the home our mother has gifted to us?

Friday, 15 December 2017 | Question and Answer

You are right that capital gains tax will be due when you sell the property.

Scottish government shakes up income tax bands with new 46% top rate

Thursday, 14 December 2017 | News

The Scottish government is to introduce two new income tax brackets while increasing its top tax rate to 46p in the pound.

Personal allowance boost is Moneywise users’ top Autumn Budget announcement

Friday, 08 December 2017 | News

A rise in the tax-free personal allowance was the Autumn Budget announcement most Moneywise.co.uk users’ were pleased to see.

‘Common law marriage’ myth leaves cohabiting facing financial hardship

Thursday, 30 November 2017 | News

Couples who prefer not to get married when they set up home could suffer financial difficulties if they don’t have an up-to-date will, according to a leading law firm.

Moneywise users update wills after important milestones, but a third don’t have one

Monday, 27 November 2017 | News

Nearly three in 10 (29%) Moneywise.co.uk users plan to review or update their wills after important milestones, the results of our latest poll reveal.

Autumn Budget 2017: £400 increase in capital gains tax allowance

Thursday, 23 November 2017 | News

The annual capital gains tax (CGT) allowance will increase to £11,700 for the 2018/19 tax year.

Autumn Budget 2017: Government to fix student loans overpayment issue

Wednesday, 22 November 2017 | News

The government is to change the student loans repayment system to prevent graduates from being overcharged after they have paid off their student loan.

Autumn Budget 2017: Tax break for married couples extended to widows and widowers

Wednesday, 22 November 2017 | News

The marriage allowance is to be extended to widows and widowers, it’s been revealed in today’s Budget document.

Ask the experts: Am I entitled to tax relief now that I am married?

Thursday, 19 October 2017 | Question and Answer

You may be eligible for the Marriage Tax Allowance, which permits a spouse or civil partner who does not pay income tax to transfer up to £1,150 of their personal tax-free allowance to their partner.

One in four over 50s unsure of inheritance tax liabilities

Friday, 06 October 2017 | News

Over 50s are in danger of losing vast sums to the Treasury, due to a lack of understanding and preparation for their assets when they die.