Tax
The latest news, updates and opinions on Tax from the expert team here at MoneyWeek
Explore Tax
-
Most Brits unaware onshore bonds can help beat inheritance tax – here’s how
A little-known perk of certain types of bonds can let your loved ones off the hook when it comes to inheritance tax – but two-thirds of people have never heard of them
By Laura Miller
-
Dividend tax squeeze to hit record 3.7 million people – how to protect your investments
Dividend tax allowances cuts are estimated to have dragged an extra 1.3 million taxpayers into paying the levy over two years, with basic rate taxpayers disproportionately affected
By Dan McEvoy
-
HMRC savings tax crackdown: More workers to pay tax directly from their wages
Banks and building societies will be required to obtain National Insurance numbers from savers to make it easier for HMRC to tax those who breach their personal savings allowance
By Ruth Emery
-
IFS: Wealthier areas set to pay more council tax under government plans
Council tax reforms could see households in wealthy areas, including London and the home counties, hit with big bill increases, according to the Institute for Fiscal Studies
By Ruth Emery
-
Number of families using Tax-Free Childcare rises - but thousands of parents still missing out
News Only about half of Tax-Free Childcare accounts are used, while many eligible families haven’t even opened an account. Could you be missing out on help worth thousands of pounds?
By Ruth Emery
News -
'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
Opinion -
Inheritance tax mistake costs families £350m – are you making this simple error?
Life insurance can provide your loved ones with a vital safety net if the worst happens. But to avoid inheritance tax on the pay out, you must write the policy in trust
By Laura Miller
-
Should you give your children’s inheritance to charity?
Fears of misspent money, bad investments and creating spoiled offspring are causing high-net-worth parents to leave their money to causes other than their own children.
By Laura Miller
-
Inheritance tax investigations catch out 1200 more families in HMRC crackdown
Where there is a suspicion inheritance tax has been underpaid, HMRC has extensive powers to check the deceased individual’s financial affairs and chase what is owed. Will you pay more?
By Laura Miller