Tax
The latest news, updates and opinions on Tax from the expert team here at MoneyWeek
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Contributions to Tax-Free Childcare accounts rise but many parents aren't using the scheme
News Fewer than 60% of open Tax-Free Childcare accounts are used - could you be missing out?
By Marc Shoffman Published
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Pensioners face “marriage allowance mayhem” due to rising state pension. Who will pay the unexpected tax bill?
Hundreds of thousands of pensioners - mainly wives - could get unexpected tax bills as a result of the frozen personal allowance and soaring state pension, according to former pensions minister Steve Webb.
By Ruth Emery Last updated
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Autumn Statement: Households still face an extra £4,000 tax bill despite NI cuts
News Autumn Statement tax give-aways will be offset by fiscal drag, the Resolution Foundation warns
By Marc Shoffman Published
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Autumn Statement National Insurance cuts - what it means for you
Chancellor Jeremy Hunt has today announced that National Insurance will cut be by two percentage points from 12% to 10% from January 2024. Here’s what it means for your money
By Kalpana Fitzpatrick Published
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Inheritance tax receipts rise by £500m as Chancellor mulls cuts
News More estates are paying inheritance tax but there are ways to reduce the bill without waiting for reforms
By Marc Shoffman Published
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Is an inheritance tax (IHT) cut on the way?
Tax Talk that the government might cut or scrap inheritance tax in its Autumn Statement is rife. We look at how it could be reformed, and what difference it would make.
By Ruth Jackson-Kirby Last updated
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Fiscal drag could cost high earners £4,000 by 2027
News Frozen tax allowances and fiscal drag could dent your finances by around £4,000 by 2027.
By Marc Shoffman Published
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Millions of couples missing out on marriage tax allowance
News Married couples and civil partners are being urged to check if they qualify for the marriage allowance, which could save them up to £252 a year in tax
By Ruth Emery Last updated
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Eight ways to reduce your IHT bill
Tax We look at ways to reduce your IHT bill as inheritance tax receipts continue to hit record highs.
By Nicole García Mérida Last updated
Tax