Personal Finance
The latest news, updates and opinions on Personal Finance from the expert team here at MoneyWeek
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Divorce financial settlement fights surge – why it pays to agree terms early
Lawyers expect more court battles as tax rises and sharp falls in asset values make divorcing financially more difficult.
By Laura Miller Published
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When is the Spending Review – and what could be announced?
Chancellor Rachel Reeves is facing some difficult choices in the upcoming Spending Review, which will be unveiled on Wednesday. We look at what could be announced.
By Ruth Emery Last updated
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Should you sacrifice your salary for a bigger pension?
With employers’ National Insurance set to rise, salary sacrifice is becoming an increasingly popular means of reducing tax and maximising pension contributions
By Dan McEvoy Last updated
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High pension fees could take £70k from your retirement pot – time to check what you’re paying
Eight out of 10 savers have no idea what fees they are paying to their pension provider to manage their retirement fund, and these charges can vary wildly.
By Laura Miller Published
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M&S announces return of online orders
Shoppers had been unable to place orders on the M&S website for six weeks following a cyberattack, with the company facing losses of hundreds of millions
By Ruth Emery Last updated
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Frozen thresholds could push ‘tax freedom day’ to latest date this century
Tax freedom day is the point in the year you stop earning for the taxman and start earning for yourself. A rising tax burden could push it to 12 June this year – the latest date since 1982.
By Katie Williams Published
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Winter Fuel Payment – what is it and who can get it?
Advice With energy bills rising again, we look at who can get the Winter Fuel Payment, how it works, and how to apply
By Daniel Hilton Last updated
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Family left with £20k IHT bill because of out-of-date tax advice
Frozen tax thresholds and dated guidance helped drag the estate into an inheritance tax liability despite extensive use of gifting to avoid a bill
By Laura Miller Published
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UK cities facing the biggest rise in IHT bills – is yours on the list?
The number of estates liable for inheritance tax is set to increase to more than 37,000 by 2027, according to new analysis, as a result of rule changes, rising property prices and frozen thresholds.
By Laura Miller Published