Tax
The latest news, updates and opinions on Tax from the expert team here at MoneyWeek
Explore Tax
Latest
-
Stop inheritance tax perk on pensions, says IFS
The government could raise billions of pounds in revenue by closing inheritance tax loopholes, such as on pensions and AIM shares. Is your pension at risk?
By Ruth Emery Published
-
IHT receipts hit record high – is it set to rise further?
HMRC is set to collect a historic number of IHT receipts between April 2023 and March 2024. We look at how you can stop the taxman eating into your inheritance.
By Vaishali Varu Published
-
Millions to pay tax on savings interest: how to pay less
Advice We will see a huge spike in the number of people paying tax on savings in 2024. We explain how much tax you could pay and what you can do to reduce your HMRC bill.
By Vaishali Varu Last updated
Advice -
Workers set for new national insurance tax cut – how much will you save?
News National insurance tax rates have fallen but frozen allowances may limit the benefits.
By Marc Shoffman Last updated
News -
New tax year changes: how much will you have to pay in 2024/25?
The new tax year started on 6 April, 2024. We look at how taxes and allowances are changing and how they will affect you.
By Ruth Emery Last updated
-
4 tax tips for the Bank of Mum and Dad for the new tax year
If you are a parent or grandparent wishing to gift money in a tax-efficient way, here are a few tips to consider.
By Ruth Emery Last updated
-
How to prepare for the new tax year 2024/25 - from tax codes to child benefit
Here are some ways you can brace for the new tax year and maximise your savings.
By Oojal Dhanjal Last updated
-
How to lower your capital gains tax bill in the new tax year 2024/25
With record numbers paying capital gains tax, and allowances being stripped back, we highlight how to keep your capital gains tax bill as low as possible.
By Marc Shoffman Last updated
-
Checklist: 10 easy moves to save you money before the end of the 2023/24 tax year
Tips The end of the 2023/24 tax year is fast approaching. We’ve put together an action plan so you can maximise valuable tax breaks and allowances before they disappear at midnight on 5 April
By Ruth Emery Last updated
Tips