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: Will we pay tax if we give our son money to buy a property?

Friday, 11 August 2017 | Question and Answer

If you gift the money to your son, the only tax which could come into play is inheritance tax (IHT).

Rising property prices cause record inheritance tax payments

Monday, 31 July 2017 | News

Almost £5 billion was raised from inheritance tax (IHT) in the past financial year new government figures reveal - a record intake from the often controversial tax.

Ask the Experts: Will inheritance tax be due on my share of our house?

Tuesday, 04 July 2017 | Question and Answer

The residence nil-rate band is an allowance of up to £175,000, which is available for individuals who pass on a residence, which they have previously lived in, to direct descendants such as children or grandchildren.

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

Tuesday, 04 July 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%) Moneywise.co.uk 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?

Tuesday, 04 July 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

Thursday, 08 September 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.