How much tax will you pay after the Autumn Statement?
HMRC form and money
Tax

How much tax will you pay after the Autumn Statement?

Changes to income tax, capital gains tax and dividend tax were among the announcements made by Jeremy Hunt in his Autumn Budget - but what will it mea…
18 Nov 2022
Autumn Budget: what does it mean for your finances?
Jeremy Hunt
Budget

Autumn Budget: what does it mean for your finances?

From tax threshold freezes, changes to dividend allowances and energy help – what does the Autumn Budget mean for you?
17 Nov 2022
What could be in the Autumn Statement?
Jeremy Hunt
Budget

What could be in the Autumn Statement?

Jeremy Hunt will reveal his first Autumn Statement as chancellor on Thursday, 17 November. From pensions and inheritance tax to income tax and capital…
14 Nov 2022
Hunt ditches changes to IR35 tax rule
Woman staring at a computer screen
Tax

Hunt ditches changes to IR35 tax rule

The new chancellor has scrapped plans to reform the IR35 tax rule for contractors and freelancers.
7 Oct 2022
Kwasi Kwarteng U-turns on top tax rate decision
Kwasi Kwarteng
Budget

Kwasi Kwarteng U-turns on top tax rate decision

Kwasi Kwarteng has U-turned on his top tax rate reduction announced in his mini-Budget at the end of September.
3 Oct 2022
The public may have reached its limit for tax rises
UK Economy

The public may have reached its limit for tax rises

The UK tax burden is now at a 70-year high. And, while there may be some reason to hold off on cuts right now, taxes are too high because the state t…
14 Jul 2022
Who will pay for the cost of living crisis?
UK Economy

Who will pay for the cost of living crisis?

The cost of living is rising fast. You may be expecting the chancellor to use his spring Budget to help ease it. But you’re likely to be disappointed,…
21 Mar 2022
Cover of MoneyWeek magazine issue no 1022, Friday 23 October 2020

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What the rise in National Insurance contributions means for you
National Insurance

What the rise in National Insurance contributions means for you

National Insurance contributions are due to increase from 6 April. Saloni Sardana explains the reasons behind the rise, and how much it will cost you.
17 Feb 2022
Tax return deadline extended – but don't forget to file
Income tax

Tax return deadline extended – but don't forget to file

HMRC is being slightly more lenient about tax returns this year, but falling behind will still incur hefty fines.
25 Jan 2022
Made money in cryptocurrencies? Don’t forget to pay your taxes – in sterling
Bitcoin & crypto

Made money in cryptocurrencies? Don’t forget to pay your taxes – in sterling

Speculating on cryptocurrencies is akin to gambling in all but one respect, says Merryn Somerset Webb: you must pay tax on any gains, and you must pay…
18 Jan 2022
The new social-care levy: an unfair tax that protects the “assetocracy”
National Insurance

The new social-care levy: an unfair tax that protects the “assetocracy”

The government’s regressive social-care levy will make Britain’s tax system even more complex. Root-and-branch reform is long overdue.
18 Sep 2021
Dividend payout advantages drain away for small-business owners
Small business

Dividend payout advantages drain away for small-business owners

Life is getting harder for self-employed people and small business owners paying themselves through dividends rather than a salary”
17 Sep 2021
I wish I knew what a marginal tax rate was, but I’m too embarrassed to ask
Too embarrassed to ask

I wish I knew what a marginal tax rate was, but I’m too embarrassed to ask

Your marginal tax rate is simply the tax rate you pay on each extra pound of income you earn. Here's how that works.
14 Sep 2021
Why the government's plan for funding social care is a lousy one
UK Economy

Why the government's plan for funding social care is a lousy one

Insisting that people use their property wealth to pay for social care is perfectly reasonable, says Merryn Somerset Webb.
10 Sep 2021
What’s better than two types of income tax? Three types of income tax!
UK Economy

What’s better than two types of income tax? Three types of income tax!

The government is to fund social care costs by raising National Insurance contributions and adding a “health and social care levy”. John Stepek looks …
7 Sep 2021
Why you should use a salary sacrifice scheme to save more into your pension
Pensions

Why you should use a salary sacrifice scheme to save more into your pension

Salary sacrifice schemes can be a valuable perk when you are building up a pension, says David Prosser.
22 Aug 2021
Inheritance tax bills are set to rise – will you be caught out?
Inheritance tax

Inheritance tax bills are set to rise – will you be caught out?

The number of people who actually pay inheritance tax is very small. But more and more estates are set to be dragged into its net, says David Prosser.…
30 Apr 2021
How to deal with self-assessment tax returns after a very trying year
Tax

How to deal with self-assessment tax returns after a very trying year

The Covid-19 pandemic will complicate the self-assessment tax return process for 2019-20. What if you can’t pay? Ruth Jackson-Kirby has some advice.
20 Jan 2021
Why the government shouldn't raise taxes
UK Economy

Why the government shouldn't raise taxes

Tackling our deficit with new levies would be economically and politically suicidal, says Max King.
12 Oct 2020
The case for a flat tax
Income tax

The case for a flat tax

Simplifying the tax system promises to cut incentives for evasion and avoidance, and boost work and entrepreneurship. Could it give post-Covid-19 Brit…
29 Aug 2020
How to have a low-tax retirement in the sun
Pensions

How to have a low-tax retirement in the sun

Greece is to offer a ten-year tax incentive to foreign pensioners. That’s a pretty good offer, says Merryn Somerset Webb. But it might not last.
20 Jul 2020
Dividends, directors and the holes in the government’s coronavirus furlough scheme
UK Economy

Dividends, directors and the holes in the government’s coronavirus furlough scheme

By topping up a minimal salary with dividends, many owner/directors of small companies have fallen through the net when it comes to the government’s …
27 Apr 2020