Personal Finance
The latest personal finance news, features, analysis and insights covering savings, tax changes, pension planning, banking and insurance from the expert team at MoneyWeek.
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Is a £250,000 pension pot enough to retire on?
What would your retirement income be with a £250K pension pot? Knowing how much you can get makes it easier to plan for your golden years.
By Marc Shoffman Last updated
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Average income tax by area: The parts of the UK paying the most tax mapped
The UK’s total income tax bill was £240.7 billion 2022/23, but the tax burden is not spread equally around the country. We look at the towns and boroughs that have the highest average income tax bill.
By Laura Miller Published
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BBC TV licence fee hike confirmed: can you reduce how much you pay?
The cost of a TV licence fee is set to rise by over 3%, but there are ways to reduce the bill.
By Marc Shoffman Published
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NatWest to close 32 more bank branches – see the full list
NatWest is closing 32 branches in 2026 and 2027. Will your local area be affected?
By Sam Walker Published
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Inheritance tax investigations net HMRC an extra £246m from bereaved families
HMRC embarked on almost 4,000 probes into unpaid inheritance tax in the year to last April, new figures show, in an increasingly tough crackdown on families it thinks have tried to evade their full bill
By Laura Miller Published
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What is Bed and ISA and how can it help shield you from tax?
Bed and ISA is a great way to protect your investment returns from the taxman. With the new tax year in April approaching, should you complete a transfer now?
By Daniel Hilton Last updated
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What happens to your pension when you die
The way your pension is passed on to your loved ones is set for a shake-up. Here is what you need to know about who inherits your pension and why naming a beneficiary is so important
By Marc Shoffman Last updated
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How to file a self-assessment tax return
Millions of people in the UK have to file a tax return to HMRC every year. We share our step-by-step guide.
By Marc Shoffman Last updated
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ISAs vs savings accounts: what’s the best home for your cash savings?
Competitive savings interest rates can put savers at risk of being taxed on the interest earned. After changes to cash ISAs and the tax rate on savings interest were announced in the Autumn Budget, we compare the pros and cons of cash ISAs with other savings accounts.
By Jessica Sheldon Last updated
