Personal Finance
Coverage and analysis of the latest personal finance, tax, pensions and insurance news from the expert team at MoneyWeek.
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Twice as many taxpayers targeted in HMRC capital gains tax crackdown – could you be next?
A rise in the number of capital gains tax penalties follows significant cuts to tax-free allowances, catching more taxpayers out
By Laura Miller Published
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State pension to rise 4.8% in April under triple lock
The full new state pension is set to reach £12,548 a year, reflecting the 4.8% wage growth measured under the triple lock. The bumper boost will raise questions about fairness and sustainability, while more pensioners could be hit with a tax bill
By Ruth Emery Published
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Inheritance tax pension reforms will delay payments to grieving families and the taxman
The government is pressing ahead with plans to charge inheritance tax on pensions but there are warnings that it will be harder for executors to administer an estate and pay HMRC
By Marc Shoffman Published
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More than a million pensioners set to be hit by tax on savings accounts
A combination of higher interest rates and frozen tax thresholds is dragging more people into paying tax on their cash savings
By Laura Miller Published
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Best savings rates – earn as much as 4.75%
Savings The best savings rates on the market are offering up to 4.75% on your cash. Act fast before these top-paying accounts disappear
By Oojal Dhanjal Last updated
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Best easy-access savings accounts – earn up to 4.75%
Savings Easy-access savings accounts are offering inflation-busting rates of up to 4.75% on your cash savings, but they won't last for long. We look at the best interest rates on the market now
By Oojal Dhanjal Last updated
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Inheritance tax receipts surge by £100m as loved ones pay up
Inheritance tax receipts have jumped again, with HMRC raking in £4.4 billion between April and September – £100 million more than the same period a year ago
By Laura Miller Last updated
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Reeves ‘considers ISA reform’ in Autumn Budget – what could be announced?
Chancellor Rachel Reeves is said to be again considering slashing the cash ISA allowance in the Autumn Budget. What could be announced, and what does it mean for you?
By Daniel Hilton Last updated
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Reeves ‘looks at minimum UK shareholding' in ISA reform
On top of a rumoured £10,000 cash ISA limit, chancellor Rachel Reeves is reportedly considering adding a minimum UK shareholding requirement to the stocks and shares ISA
By Daniel Hilton Published