Make sure you use all your allowances before the end of the tax year
Tax

Make sure you use all your allowances before the end of the tax year

There’s still time to ensure you don’t overpay your tax this financial year, says Ruth Jackson-Kirby - but make sure you use all your allowances
1 Mar 2021
Stamp duty holiday extension will keep the house-price party going – for now
Property

Stamp duty holiday extension will keep the house-price party going – for now

The government is to extend to the stamp duty holiday by three months. Good for today’s buyers, says Nicole Garcia Merida, but what happens in June?
26 Feb 2021
Tax returns: make sure you declare child benefit
Personal finance

Tax returns: make sure you declare child benefit

If you owe HMRC a repayment of child benefit cash, you need to act quickly, says Ruth Jackson-Kirby.
26 Jan 2021
How to deal with self-assessment tax returns after a very trying year
Tax

How to deal with self-assessment tax returns after a very trying year

The Covid-19 pandemic will complicate the self-assessment tax return process for 2019-20. What if you can’t pay? Ruth Jackson-Kirby has some advice.
20 Jan 2021
9 January 1799: income tax introduced to Britain
This day in history

9 January 1799: income tax introduced to Britain

In the 1790s, with Britain at war with Napoleon, the country urgently needed cash. And so on this day in 1799, a 10% levy was raised on all income ove…
9 Jan 2021
Reform of IR35 tax rules returns for freelancers
Small business

Reform of IR35 tax rules returns for freelancers

The delayed shake-up of employment law governing freelancers kicks in soon
24 Dec 2020
Britain mulls a wealth tax again – can it ever work?
Tax

Britain mulls a wealth tax again – can it ever work?

A Covid-19-ravaged government needs to raise more revenue and some propose that a wealth tax could fit the bill. It’s unlikely to happen, but one way …
19 Dec 2020
Small businesses rush to beat the capital gains tax hike
Small business

Small businesses rush to beat the capital gains tax hike

Corporate finance advisers report a surge in inquiries from small business owners keen to sell their companies before a likely increase in capital gai…
11 Dec 2020
The “economic emergency” isn't nearly as bad as it could have been
UK Economy

The “economic emergency” isn't nearly as bad as it could have been

If you listened to Rishi Sunak’s Spending Review, you might be feeling a little down. But don't worry too much. Things might not be anywhere near as b…
26 Nov 2020
Don’t panic – there’s an obvious solution to the UK’s debt pile
UK Economy

Don’t panic – there’s an obvious solution to the UK’s debt pile

Cutting spending or raising taxes won’t be enough to get the country out of debt. But there is another way out, says John Stepek.
26 Nov 2020
How to avoid inheritance tax by giving your money away
Inheritance tax

How to avoid inheritance tax by giving your money away

Ruth Jackson Kirby explains how to avoid inheritance tax by passing money on to your family while you are still here.
24 Nov 2020
How you will play your part in refinancing the post-Covid economy
UK Economy

How you will play your part in refinancing the post-Covid economy

All this stimulus has to be paid for – whether through inflation, tax rises, or financial repression. It's going to be an uncomfortable experience, sa…
19 Nov 2020
Rishi Sunak's multibillion-pound tax raid
UK Economy

Rishi Sunak's multibillion-pound tax raid

Rishi Sunak is seeking to fill a £300bn-sized hole in the public books. Investors beware, says Emily Hohler
19 Nov 2020
Why the government shouldn't raise taxes
UK Economy

Why the government shouldn't raise taxes

Tackling our deficit with new levies would be economically and politically suicidal, says Max King.
12 Oct 2020
Why the government should stop messing about and just abolish stamp duty
UK Economy

Why the government should stop messing about and just abolish stamp duty

If Boris Johnson is serious about getting more people on the housing ladder, he should stop messing about with complicated incentives that only reward…
8 Oct 2020
How the stamp duty holiday is pushing up house prices
Stamp duty

How the stamp duty holiday is pushing up house prices

Stamp duty is an awful tax and should be replaced by something better. But its temporary removal is driving up house prices, says Merryn Somerset Webb…
25 Sep 2020
What are national insurance contributions?
National insurance contributions

What are national insurance contributions?

Most of us pay National Insurance contributions but few of us really understand them. Help is at hand with our quick guide to demystifying this esoter…
21 Sep 2020
Universal Credit comes good
UK Economy

Universal Credit comes good

The government’s benefit reforms have been plagued with disasters since their introduction in 2013. The Covid-19 crisis, however, has revealed a posit…
21 Sep 2020
The stamp-duty stampede
Personal finance

The stamp-duty stampede

There has been a surge in people wanting to move house before the stamp duty holiday ends next year.
11 Sep 2020
Mind the inheritance-tax trap when transferring your pension
Pensions

Mind the inheritance-tax trap when transferring your pension

Transferring your pension could incur inheritance tax for your heirs, says David Prosser.
9 Sep 2020
Dealing with the debt: big tax rises are not the answer right now
UK Economy

Dealing with the debt: big tax rises are not the answer right now

Tax rises can’t do much to reduce the two-trillion-pound hole in our public finances. And the economy is too fragile for a tax grab now anyway. So whe…
7 Sep 2020
The case for a flat tax
Income tax

The case for a flat tax

Simplifying the tax system promises to cut incentives for evasion and avoidance, and boost work and entrepreneurship. Could it give post-Covid-19 Brit…
29 Aug 2020
How to claw back tax overpaid when opting for pension drawdown
Pensions

How to claw back tax overpaid when opting for pension drawdown

Many retirees opting for drawdown schemes – taking money out of their pension savings – have overpaid tax. Here’s what to do to get it back.
26 Aug 2020
Should capital gains tax be higher or lower?
Tax

Should capital gains tax be higher or lower?

Capital gains tax is up for review. There are plenty of long-term arguments to be had about this. But in the short term, Merryn Somerset Webb has a fe…
23 Jul 2020