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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Two million taxpayers to be hit by £100k tax trap by 2026/27
Frozen thresholds mean more people than ever are set to pay an effective income tax rate of 60% as their earnings increase beyond £100,000. We look at why, as well as how you can avoid being caught in the trap.
By Daniel Hilton Published
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'Lockdown wills’ at increased risk of legal challenge
Pressures caused by the pandemic led some people to rush their wills. Now, lawyers are saying problems are surfacing that could make them invalid
By Laura Miller Published
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How the mansion tax could affect you even if your home is valued below £2 million
The mansion tax will apply to homes worth above £2 million from April 2028 but even lower-value properties could be looked at, MPs have been told.
By Marc Shoffman Published
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What is a trust – and should you use it to avoid inheritance tax?
Trusts are surging in popularity as a way to avoid inheritance tax, according to new government figures and financial advisers on the frontline of estate planning. We look at what trusts are and if they are right for you.
By Laura Miller Last updated
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Could pensions inheritance tax rule change create liquidity crisis for Sippholders?
Pension inheritance tax rule changes from April 2027 could create a liquidity crisis for some self-invested personal pensions (Sipps) holding commercial property. We reveal what you can do to mitigate the impact.
By Sam Walker Published
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Pension Schemes Bill: what’s changing and what it means for you
The government’s latest reforms to pensions are designed to make saving for retirement easier and better value for money – but will they leave you better off?
By Laura Miller Last updated
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The best bank switching offers – get up to £750
The best bank switching offers currently pay up to £750 in cash. Are you eligible, and how do you switch current accounts?
By Oojal Dhanjal Last updated
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Taxpayers told to check capital gains tax return or risk penalty after rate changes
With the self-assessment deadline just three weeks away, taxpayers who need to report capital gains should take extra care to avoid a penalty after recent changes, accountants have warned. Here’s how.
By Laura Miller Published
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Is now a good time to sell a house?
Activity in the housing market has picked up following a lull in the wake of stamp duty changes, but sellers may need to be realistic when setting an asking price
By Marc Shoffman Last updated
