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Your financial news updates
Your financial news updates
New data on capital gains tax (CGT) arrives in time for the hunt for extra revenue ahead of the Autumn Budget. CGT is one of the taxes which regularly appears on the list of possible tax increases as a Budget…
HMRC is writing to over a million people offering them tax relief. ‘Make a pension contribution and you get tax relief’ – it sounds straightforward, but it’s not quite so simple. There are two…
The state pension triple lock is set to be adjusted under new proposals. The triple lock was introduced by the coalition government in 2010 with the goal of raising the value of the basic state pension as a proportion of…
How much would it cost to increase the income tax personal allowance?
Updated figures from HMRC reveal greener company cars are surging in popularity. This summer’s slew of statistics on income tax issued by HMRC revealed an interesting picture of how company car ownership…
The tax-free lump sum offered by most pension arrangements steps back into the spotlight as the Autumn Budget nears. “Anomalous, but much loved” was how one Chancellor, the late Nigel Lawson, described the…
Andy Burnham has plans to deal with long-term care in England. In March 2010, during the dying days of Gordon’s Brown’s Labour government, Andy Burnham was the Health Secretary. In that role, he published a…
The Autumn Budget date has now been set for 28 October, with the new Chancellor facing some familiar challenges. At the end of a fortnight heavily laden with announcements from Prime Minister Andy Burnham and his revised…
A new HMRC consultation paper is concerning news if you make self assessment tax payments on account. As the summer temperatures soared throughout the UK, HMRC released a large consultation document seemingly designed to…
New HMRC research places an uncomfortably large number on the estimated amount of outstanding unpaid tax. £59.2 billion is a serious amount of money: about £850 a head for every man, woman and child in the…
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