Pay less tax

The financial pros and cons of marriage

You may think that proposing to the one you love on Valentine’s Day is a smart financial move, as married couples benefit from several tax perks.

Get your will written for free in March

Monday, 19 March 2018 | News

Over 55s can have their will written for free during March as part of the ‘Free Wills Month’ campaign.

Will my brother and I have to pay tax on the trust my mother set up?

Monday, 12 March 2018 | Question and Answer

The trust fund could have been set up as an absolute trust or a discretionary trust. It is important to find out which one it is as this affects the charges you may face if you access the money.

Avoid inheritance tax by brushing up on Isa rules

Monday, 05 March 2018 | News

Chancellor Phillip Hammond recently described Britain’s inheritance tax system (IHT) as being "particularly complex".

Will I need to pay inheritance tax on money my friend left me?

Monday, 26 February 2018 | Question and Answer

Everyone has a tax- free inheritance tax (IHT) allowance. This is the amount that they can pass on without tax being due. Also known as the nil-rate band, it is currently £325,000.

Inheritance tax rules baffle older generations into not sharing their wealth

Tuesday, 20 February 2018 | News

The bewildering nature of inheritance tax (IHT) rules leaves wealthier older generations confused and therefore unwilling to risk sharing their wealth with younger generations.

95% of councils in England plan to hike council tax

Thursday, 08 February 2018 | News

Almost all councils in England (95%) plan to raise council tax this April, according to research from the Local Government Information Unit (LGiU).

Inheritance tax review ordered by the government

Friday, 02 February 2018 | News

Chancellor Philip Hammond has written to the Office of Tax Simplification (OTS) to order a review of inheritance tax (IHT).

Can I pass on my Cash Isas to my nieces as I have no children?

Friday, 09 February 2018 | Question and Answer

New rules came into effect from April 2015, allowing a surviving spouse/ civil partner to inherit Isa savings and their tax-friendly status.

Avoid the penalties: Two million still to file tax returns with just one day left

Tuesday, 30 January 2018 | News

Workers who need to file a 2016/17 self-assessment tax return have until tomorrow (31 January) to do it.

If I sell my buy-to-let flat to my daughter, will I have to pay any tax on it?

Tuesday, 23 January 2018 | Question and Answer

Assuming the flat has never been your main residence, you would be liable for capital gains tax (CGT) on the increase in value from the date of purchase to the date of sale.