Pay less tax

Last-minute tax return tips

Friday, 30 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?

Friday, 05 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?

Thursday, 31 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?

Thursday, 31 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

Tuesday, 05 August 2014 | News

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

Brits paying £530m more than they should in inheritance tax

Monday, 21 July 2014 | News

By not placing life insurance payouts 'under trust', Brits are forking out an extra £530 million a year in inheritance tax (IHT) needlessly.

£4bn wasted despite it being 'Tax Freedom' day

Wednesday, 28 May 2014 | News

Today may mark Tax Freedom Day - the point at which you've earned enough income to pay off your annual tax burden - but Brits are still handing over £4 billion in tax more than they need to.

Why Gary Barlow has done nothing wrong

Monday, 12 May 2014 | News

A leading tax expert has described the furore over Gary Barlow's tax affairs as "misplaced and morphing into a witch hunt".