The countdown has begun to the introduction of new rules on how pensions are treated after someone dies. In the “biggest shake-up of inheritance rules in a generation”, said The Telegraph, the value of a pension will, from April 2027, form part of someone’s estate after they die. This could mean an inheritance tax bill
Fleet users looking for full visibility of tax rates for new cars for the next four years can enjoy the benefits of the updated Fleet News company car tax calculator. The calculator has been updated with increased functionality to better prepare fleet decision-makers with the anticipated running costs for their chosen vehicles. Ensure you always
Retirees are nearly £1,300 better off thanks to the State Pension Triple Lock but frozen tax thresholds mean millions could now be dragged into paying income tax. Mansion tax and private jet levy to be introduced in Scotland Millions of older people are set to face an income tax bill as the State Pension rises
The Scottish government has used its devolved powers to set up a distinct income tax system, with six bands to the UK’s three. The personal allowance – the amount a person can earn before they start paying income tax – is set by the UK government. It has been frozen at £12,570 until 2031. The
The new financial year starts this week and with it comes a number of changes affecting millions of people 04:00, 07 Apr 2026Updated 07:10, 07 Apr 2026 Home workers are missing out on an allowance they have been able to claim for several years(Image: Getty) The new tax year for 2026/27 begins this week, and
Martin Lewis has helpful tax guidance for pensioners Nicholas Dawson and Robert Rowlands Deputy editor, money and lifestyle, content hub 15:39, 06 Apr 2026 Martin Lewis offers useful money-saving advice(Image: ITV screengrab) Martin Lewis has useful tax advice that it is well worth pensioners making a note of. During an in-depth episode of his BBC
Sole traders and landlords earning over £50,000 will need to keep digital records and submit updates to HMRC four times a year. Mansion tax and private jet levy to be introduced in Scotland Self-employed workers and landlords across the UK are facing a major shake-up to the tax system from today, April 6, as Making
Making Tax Digital is a new way for you to manage tax records digitally and submit updates to HMRC HMRC tax rules are changing for sole traders and landlords earning over £50,000(Image: coldsnowstorm via Getty Images) Millions of people will have to follow new rules for submitting their tax returns to HMRC from today. Making
A new tax reporting requirement comes into force on 6 April 2026, as HM Revenue & Customs (HMRC) rolls out Making Tax Digital (MTD) for Income Tax. Self-employed workers and landlords with qualifying income above £50,000 must now keep digital records and submit quarterly updates, replacing the traditional annual self-assessment system for this group. The
A new inheritance tax regime for UK farms and family businesses comes into force on Monday and will present “significant challenges” for those affected, according to accountants. In October 2024 the government announced plans to levy inheritance tax on farms – prompting an outcry in many quarters. After months of pressure from campaigners and MPs