Any parent who has ever used the UK government’s tax-free childcare system knows what a painful experience it is. Each month when I log into my account, I feel a sense of dread and frustration. Why is something that is such a lifeline for so many parents so difficult to use? The scheme gives working
The frozen Personal Allowance could leave more older people paying tax on their retirement income. Mansion tax and private jet levy to be introduced in Scotland Finance experts have warned the recent rise to the State Pension under the Triple Lock is putting more pensioners on a collision course with income tax. The Triple Lock
Unsuccessful appeals by taxpayers against Revenue assessments delivered €605 million in tax to the exchequer last year, according to the Tax Appeals Commission’s annual report. Corporation tax continues to account for the lion’s share of disputed tax, accounting for €423 million of the money paid over to Revenue – 70 per cent of the tax
New analysis by pension consultants LCP has found that only around 5.4% of Britain’s pensioners – roughly one in 18 – are likely to benefit from the scheme due to begin in 2027/28. Perhaps most strikingly, no pensioner who reached state pension age before April 6, 2016 – those born before April 6 2016 –
The DVLA has issued a fresh alert for drivers The agency has cautioned drivers(Image: Milan Markovic via Getty Images) Motorists are being urged to avoid a potentially expensive mistake, following a new warning from the Driver and Vehicle Licensing Agency (DVLA) regarding tax regulations. The agency has cautioned drivers purchasing an electric vehicle to scrutinise
Any parent who has ever used the UK government’s tax-free childcare system knows what a painful experience it is. Each month when I log into my account, I feel a sense of dread and frustration. Why is something that is such a lifeline for so many parents so difficult to use? The scheme gives working
The average inheritance tax bill can run to tens of thousands 17:21, 18 May 2026Updated 07:13, 19 May 2026 Savers told ‘protect yourself’ over Inheritance Tax change The average inheritance tax bill is expected to increase by £34,000 next April. The HMRC charge is a steep 40% on your estate’s value, but giving away some
New analysis by pension consultants LCP has found that only around 5.4% of Britain’s pensioners – roughly one in 18 – are likely to benefit from the scheme due to begin in 2027/28. Perhaps most strikingly, no pensioner who reached state pension age before April 6, 2016 – those born before April 6 2016 –
The UK has the highest commercial property tax burden of any major economy, according to a report. The findings from global tax firm Ryan’s annual business rates review come as thousands of UK companies prepare for a jump in their rate payments for the next year. The report, published on Monday, found that the UK
Guernsey is exploring introducing an annual road tax to be brought in alongside a drop in fuel duty. Environment and Infrastructure (E&I) said it was looking at potential transport taxes as part of the wider work on tax reforms. On Tuesday, a Policy and Resources (P&R) report found corporate tax reform was not a “silver