Tax

She said: “They’ll just be chasing up debts from people who cannot do another increase in bills.“Piling more debt onto people who are struggling to pay will just lead to more cost to…
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Prime Minister Rishi Sunak has previously called a wealth tax “unConservative" but it’s happening before our very eyes. He just hopes we won’t notice.In his autumn statement, Chancellor…
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This is a process known as Marriage Allowance, and it is offered by HM Revenue and Customs (HMRC). Under Marriage Allowance, a person can transfer £1,260 of their Personal Allowance to…
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He explained: “You can nominate beneficiaries for your pension in the event of your death, which must be officially submitted to your pension provider, and IHT is not generally…
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Last week, the Chancellor Jeremy Hunt unveiled a series of tax rises as part of the Government’s Autumn Statement. One of the announcements was confirmation that the dividend allowance…
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Winter Fuel PaymentPIP claimants born on or before September 26, 1955, could qualify for the Winter Fuel Payment scheme, which offers a one-off payment to help those of and over state…
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Inflation and the growth in the value of assets like property and investments have meant that IHT paid to HMRC has ballooned from £2.3billion in 2009/10 to £6.1billion in 2021/22. The…
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