Drivers with older petrol and diesel cars could face higher road tax bills under updated VED rates for 2026. Drivers with petrol and diesel cars registered between 2001 and 2017 could pay up to £170 a year in road tax under 2026 VED rates based on vehicle emissions.(Image: Getty Images) Motorists with older petrol and
The former footballer and commentator, 51, has teamed up with Sage in light of new research that shows hundreds of thousands of people could miss the first Making Tax Digital (MTD) deadline this year as confusion grows over new HMRC rules. Research shows seven in 10 sole traders do not understand what they need to
Farmers have lost a High Court bid to challenge the government’s controversial inheritance tax reforms, in the latest setback for campaigners opposing changes to agricultural property relief and business property relief. The reforms have sparked months of anger across the farming sector amid fears they could threaten family farm succession and place additional financial pressure
The impending reforms are already influencing behaviour The impending reforms are already influencing behaviour(Image: LSOphoto via Getty Images) Millions of savers are being urged to “protect” themselves after sweeping HMRC tax changes. Under the new regulations, the average bill for affected households is expected to increase by around £34,000, while thousands more estates will be
The “tax tech stack” for most UK mid-market firms consisted of a standard ERP module and a brave soul armed with an Excel spreadsheet. But as we move through 2026, that manual approach isn’t just inefficient, it’s a compliance liability. With the global shift toward Real-Time Reporting (RTR) and the UK’s own Making Tax Digital
Self-employed workers and landlords affected by Making Tax Digital rules are being urged to check whether they need compatible software to comply with HMRC requirements. Mansion tax and private jet levy to be introduced in Scotland HM Revenue and Customs (HMRC) has updated guidance explaining how people affected by Making Tax Digital for Income Tax
With less than a year to go until pensions are brought within scope of inheritance tax, a major pension company has issued a warning about the increased risk of scams. Research from Standard Life has highlighted how uncertainty surrounding the changes could make savers more vulnerable. Here, we look at how inheritance tax rules are
I want to understand my available tax-free allowance for inheritance tax. I’m widowed; my husband passed away in 1996, and he left his entire estate to me. My house is worth around £500,000 and I’ll be leaving everything to my two children. Joan from Norwich Get expert help with your money questions ‘Don’t forget that
Of the 10,200 parish and town councils in the country, 8,900 impose tax bills on residents. Across England, parish and town precepts make up 2pc of all council tax receipts. Benjamin Elks, of the TaxPayers’ Alliance campaign group, said: “Local taxpayers will be absolutely furious with the scale of tax rises from parish councils. “While
I have a stepson from my now deceased wife’s first marriage and two children from our marriage. My will states that my estate will be divided equally between the three of them. However, my stepson has already received property and monies valued close to the maximum allowed tax free, from his deceased father’s estate. My