Pay less tax

UK taxpayers missing out on £2.9 billion of pension relief

Monday, 19 January 2015 | News

UK taxpayers are overpaying billions of pounds in tax by not taking advantage of the tax reliefs available to them, with pension relief accounting for the largest share.

Women are better at filing their tax returns

Tuesday, 13 January 2015 | News

Women are better at filing their tax returns than men, HM Revenue and Customs (HMRC) has revealed.

Ten worst excuses for late tax returns

Wednesday, 07 January 2015 | News

With the self-assessment tax return deadline of 31 January looming, HM Revenue & Customs has decided to release its list of the worst excuses used by late-filers.

Last-minute tax return tips

Monday, 05 January 2015 | Article

It's not easy being self-employed is it - especially at this time of year. Your online self-assessment tax return is due and the bill must be paid by 31 January.

Tories to raise 40% tax and personal allowance thresholds

Wednesday, 01 October 2014 | News

The Conservatives will increase the personal tax allowance to £12,500 and up the 40% income tax threshold to £50,000 during the next Parliament – if they win the General Election in May.

Do I need to declare money I earn abroad on my tax return?

Monday, 29 September 2014 | Question and Answer

If this money is paid to you as a lump sum, and any tax due on the interest was covered in Singapore, then HMRC would not need to know about the transfer.

I'm retired but working short term, how can I pay less tax?

Thursday, 04 September 2014 | Question and Answer

The right solution for you will depend on your circumstances and what it is you want to achieve. What is the most important for you - is it tax efficiency or flexibility?

How can I minimise tax on my kids' property legacy?

Tuesday, 29 July 2014 | Question and Answer

Many couples set up their properties as tenants in common, rather than joint tenancy, which effectively means they own a proportion (usually half) of the property each.

If my children own part of my home, will they be liable for capital gains tax?

Monday, 28 July 2014 | Question and Answer

If your children sell their own home, provided it has been their only home or main residence and they've used it as their home and nothing else, then they should be entitled to Private Residence Relief on any gains they make...

Deadline for tax credit renewal looms

Wednesday, 23 July 2014 | News

UK families who claim tax credits have now just hours to renew their claims or risk having their payments stopped.