Pay less tax

Taxes, personal allowances and limits - what you'll pay in 2017/18

The 2017/18 financial year has begun, so Moneywise has rounded up the personal allowances, tax rates, and limits on pension and Isa contributions for the year ahead (6 April 2017 to 5 April 2018).

Ask the Experts: Can I gift £10,000 tax-free to my niece for her first home?

Thursday, 15 June 2017 | Question and Answer

I have £10,000 that I would like to give to my niece to help her buy her first home. However, I don’t want to burden her with inheritance tax if I die in the next few years.

Raising the personal allowance most popular election pledge among Moneywise users

Thursday, 08 June 2017 | News

Four in ten (42%) users say an increase in the personal allowance is the party manifesto pledge that will have the greatest positive effect on their finances.

Ask the Experts: What investments can I pick that will be exempt from capital gains tax?

Friday, 26 May 2017 | Question and Answer

I draw my income entirely from my investments, but I’m wondering what investment options there are that do not attract capital gains tax (CGT).

Income boosting tax breaks put on hold in run up to general election

Tuesday, 09 May 2017 | News

Two new income tax allowances that aim to simplify the tax affairs of so-called ‘micro-entrepreneurs’ have been put on hold in the run up to the general election.

Small business owners urged to check tax relief eligibility

Friday, 28 April 2017 | News

Small business owners could be missing out on thousands of pounds of unclaimed tax relief and are being encouraged to check whether they can claim with their commercial property.

How to cut your income tax bill on earnings from £10,000 to £200,000

Thursday, 03 November 2016 | Article

Most of us pay tax on everything from our income and company benefits to our weekly shopping and holidays.

How to find an accountant in 2016

Tuesday, 30 August 2016 | Article

With the 31 October deadline looming for filing paper tax returns and the online deadline just three months later, it’s time to sort out your finances.

Will I have to pay capital gains tax if my mother gifts properties to me?

Monday, 11 July 2016 | Question and Answer

There is no capital gains tax on death, so your mother would have inherited the full value of your father’s share.

EU Referendum: Chancellor says taxes likely to rise

Tuesday, 28 June 2016 | News

Chancellor George Osborne has confirmed he “absolutely” expects taxes to rise later this year, as a result of the UK’s decision to vote to leave the European Union.

For the Queen's 90th birthday: Four royal tax facts

Thursday, 09 June 2016 | News

The Queen is a lucky woman. Not only does she enjoy a reported fortune of about £270m, but she also gets two birthdays a year! And this weekend will see the climax of months of events to celebrate her 90th.