Tax
The latest news, updates and opinions on Tax from the expert team here at MoneyWeek
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Millions missed self-assessment deadline as HMRC hikes interest rate for late payments - what it means for your tax bill
Late self-assessment filers could be hit with higher interest rate charges that were buried in the Autumn Budget. Experts say it is unfair and represents a “hidden tax rise”. We explain how it works, and how to avoid it
By Ruth Emery Last updated
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How income tax is calculated
Millions of taxpayers face paying more income tax due to frozen tax allowances. We explain how income tax is calculated.
By Holly Thomas Published
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How much stamp duty will I pay in 2025?
Stamp duty thresholds will revert to their original levels in April, which could add thousands to the cost of moving house. How much stamp duty will you have to pay in 2025 as the April threshold cut approaches?
By Katie Williams Last updated
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Tax return deadline: Will you get your self-assessment forms in on time, as millions still need to file?
With just days to go, millions of taxpayers risk a fine if they fail to get their self-assessment tax return to HMRC before the 31 January deadline.
By Marc Shoffman Last updated
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Chancellor set to ‘tweak’ non-dom clampdown amid UK wealth exodus
Non-dom status is set to be scrapped but the transition period may be extended to bring more wealth to the UK
By Marc Shoffman Published
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How to file a tax return
As the 31 January deadline approaches, we run through how to file a tax return and answer some frequently asked questions
By Katie Williams Last updated
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Inheritance tax receipts surge 10% – HMRC on track for another record year
HMRC collected £6.3 billion in inheritance tax during the first nine months of the tax year – £600 million more than the same period a year ago
By Katie Williams Published
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Checklist: 10 easy moves to save you money before the end of the 2024/25 tax year
Tips The end of the 2024/25 tax year is fast approaching. We’ve put together an action plan so you can maximise valuable tax breaks and allowances before they disappear at midnight on 5 April
By Ruth Emery Last updated
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High taxes are deterring the wealthy from the UK - where are the rich relocating to?
Feature Record numbers of millionaires are set to flee the UK this year amid fears of higher taxes under the Labour government. We reveal the top destinations for migrating millionaires
By Marc Shoffman Last updated
Feature