Tax
The latest news, updates and opinions on Tax from the expert team here at MoneyWeek
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Why raising capital gains tax could reduce revenue for the government
A hike in CGT is predicted in next month’s Budget, but such a move could lower the amount of tax raked in by the government. We look at why this could happen
By Ruth Emery Published
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Will Labour hike capital gains tax on business sales?
Labour may tinker with capital gains tax (CGT) and trim related reliefs. What does this mean for small businesses?
By David Prosser Last updated
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Calculate the stamp duty on your house sale: how much of a UK sold house price is taxed?
The amount of stamp duty you pay depends on which band the house price you’re paying falls into. Here's how the tax works.
By Henry Sandercock Last updated
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Fuel duty may rise in October Budget - what does this mean for petrol prices?
News Prime Minister Keir Starmer has refused to rule out ending the fuel duty freeze. We explain what this means for motorists
By Marc Shoffman Published
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How to keep your dividends safe from the taxman
Advice The number of people expected to pay dividend tax in 2024/25 has doubled since 2021/22. We look at ways to keep your dividends safe and beat the tax trap
By Ruth Emery Last updated
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Inheritance tax receipts rise again as rumours persist about Budget changes
Inheritance tax raised £2.8 billion during April to July 2024, which is £0.2 billion higher than the same period last year. Will the chancellor target the tax in her Budget?
By Ruth Emery Published
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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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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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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