How much tax will you pay from April 2023?
How much tax will you pay from April 2023?
The Chancellor announced a series of tax changes and allowance freezes in his Autumn and Spring budget. We break down what these mean for you ahead of…
17 Mar 2023
Self-assessment tax returns: what you need to know about getting your tax bill right
Self-assessment tax returns: what you need to know about getting your tax bill right
Understanding how self assessment works can help you ensure you pay the right amount of tax, as well as avoid penalties for missing the deadline.
30 Jan 2023
Autumn Budget: what does it mean for your finances?
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?
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
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
Mini-Budget: stamp duty and income tax cut as Kwarteng targets growth
Mini-Budget: stamp duty and income tax cut as Kwarteng targets growth
Chancellor Kwasi Kwarteng announced sweeping tax cuts in his mini-Budget statement. Here's what was said.
23 Sep 2022
The public may have reached its limit for tax rises
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
Subscribe to MoneyWeek and get your first six issues FREE
Subscribe to MoneyWeek now and get your first six magazine issues absolutely FREE
Who will pay for the cost of living crisis?
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
What the rise in National Insurance contributions means for you
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
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
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”
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
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
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
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!
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
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 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
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
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
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
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