Income Tax
The latest news, updates and opinions on Income Tax from the expert team here at MoneyWeek
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Nicola Sturgeon leaves behind a toxic legacy
On the left, Nicola Sturgeon is seen as something of a political hero. That makes sense… but only if you exclude her actual record in office
By Simon Wilson Published
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'Rachel Reeves has run out of options'
Opinion The political and fiscal constraints on Rachel Reeves have combined to leave the chancellor at a disadvantaged position
By Helen Thomas Published
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Don’t miss 31 July ‘payment on account’ tax deadline
Many self-employed people have a second tax payment deadline. With an 8.25% interest charge on late payments, it’s important to pay your bill on time
By Ruth Emery Last updated
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HMRC raises £1.5 billion from special investigations into the wealthy in 2023/24 – how can you protect yourself?
The taxman more than doubled the amount it raised from investigations into wealthy individuals year-on-year. How can you make sure you’re not caught out?
By Daniel Hilton Published
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What is a marginal tax rate?
Video Your marginal tax rate is simply the tax rate you pay on each extra pound of income you earn. Here's how that works.
By MoneyWeek Last updated
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Is it cheaper to be a sole trader?
It might be cheaper to be a sole trader due to changes to the tax system
By David Prosser Published
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Tax return deadline: act now to get your paper tax return in by 31 October
We explain who needs to complete a self-assessment tax return, common mistakes to avoid - and what to do if you miss the deadline
By Ruth Emery Last updated
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More under-40s set for higher tax brackets
A whopping 20% of under-40s will find more of their earnings going to the taxman due to the freeze on income tax bands.
By Ruth Jackson-Kirby Published
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Jeremy Hunt: ‘income tax thresholds to remain frozen if Conservative Party wins general election’
News The Chancellor said income tax thresholds will be kept as they are until 2028. It could mean millions of workers will be dragged into higher tax bands.
By Henry Sandercock Published
News
