Tax
The latest news, updates and opinions on Tax from the expert team here at MoneyWeek
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Pensioners reclaim £57 million from HMRC – are you owed money?
Thousands of pensioners claim money back from HMRC after being overtaxed on their withdrawals. We explain how to avoid a shock bill and get a refund.
By Ruth Emery Published
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Will Labour change the rules on pension tax relief?
Speculation is mounting that tax hikes could be announced in Rachel Reeves’s first Budget. Will pension tax relief rules be reformed?
By Ruth Emery Last updated
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Capital gains tax receipts fall but could be set to soar after the Autumn Budget
Chancellor Rachel Reeves has refused to rule out hiking CGT. An increase to CGT rates in the Budget could push tax receipts back up
By Marc Shoffman Last updated
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Inheritance tax makes an increasing amount for HMRC - can you avoid it?
New data reveals more than 27,000 estates paid inheritance tax in 2021/22. Will they continue to rise?
By Ruth Jackson-Kirby Published
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10 ways to cut your capital gains tax bill
The government hasn’t ruled out changes to capital gains tax, leading to speculation that a tax hike could be coming in the Budget. But there are ways to shelter your money from CGT
By Ruth Emery Last updated
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Could Labour impose a “double death tax” of more than 50%?
Speculation is mounting that capital gains tax will be reformed in the Budget - and one option is to charge bereaved families the tax on top of inheritance tax. We explain how it could work
By Ruth Emery Last updated
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Rachel Reeves: Labour has inherited a projected overspend of £22 billion from the Conservatives
The Chancellor has announced an array of measures to save money, including scrapping the Stonehenge tunnel, ditching social care reforms, and making the winter fuel payment means-tested
By Ruth Emery Published
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Tax return: HMRC’s payments on account deadline is approaching – here is why it is unfair for the self-employed
Feature Self-assessment taxpayers have just under a week to pay the latest instalment of their tax return, but is the charge fair? Marc Shoffman explains why this is hurting self-employed people
By Marc Shoffman Last updated
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Inheritance tax on track for another record year
Inheritance tax receipts have surged to £2.1 billion in the first three months of the new tax year. Will they continue to rise, and how can you slash your bill?
By Katie Williams Published