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Economy

Scotland is taxing itself to death

The authorities in Scotland are undermining the economy’s appeal. They had better watch out, says Matthew Lynn.
20 Oct 2019
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Personal finance

One example of the madness of our inheritance tax rules

Our system of inheritance tax is needlessly complicated, says Merryn Somerset Webb. Here, she outlines one way in which the well-off could save over £…
14 Oct 2019
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The 2019 Labour Party Conference - Day 3
Economy

Labour’s plans for non-doms could prove costly for the UK

The Labour Party has said that in its first Budget it would abolish non-domiciled status. But non-doms do pay tax, and they do have a choice where the…
24 Sep 2019
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Pensions

Don’t forget income tax when drawing your pension

Many people have not understood the tax implications of drawing down their money, meaning that savers withdrawing pension cash are handing over millio…
16 Nov 2018
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Tax

Withholding tax

A withholding tax requires a person or company making a payment to someone else to withhold part of the payment and pay it to the government.
10 May 2018
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Economy

9 January 1799: income tax introduced to Britain

In the 1790s, with Britain at war with Napoleon, the country urgently needed cash. And so on this day in 1799, a 10% levy was raised on all income ove…
9 Jan 2015
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Tax

You shouldn’t be paying tax on your investments

You don't need to hire the best accountants to protect your investments from the taxman. You can do it yourself, says John Stepek. Here's how.
11 Jul 2012