Key Takeaways Discounted after-tax cash flow values investments by accounting for income, capital costs, and taxes. It is commonly used in real estate to assess investment potential and profitability. Accounting for taxes and depreciation provides a realistic view of an investment’s attractiveness. A profitability index over one suggests the investment’s present value exceeds its cost.
Giving a loved one cash for Christmas isn’t the most imaginative present idea, but it can be ideal if you’re low on ideas and strapped for time. It could also reduce your inheritance tax bill. Inheritance tax receipts surged to £5.8 billion in the first eight months of the current tax year, the latest figures
A taxpayer asked for tax relief on pensions works HMRC has clarified its rules around tax on pensions(Image: Getty) HMRC has clarified its pension tax relief rules following a query from a confused customer. A key advantage of private pensions is the ability to secure tax relief on contributions worth up to 100 per cent
P60s The best place to find out about amounts and tax paid is the P60. P60s are issued at the end of the tax year. However, the transition between two contracting systems used by the BBC, ACON and SmartBook, may affect if all information is shown on the P60. Whether the amount paid and the
The deadline to file your Self-Assessment tax return is January 31, 2026. HM Revenue and Customs (HMRC) has issued a warning after more than 4,800 Self Assessment scams have been reported since February 2025. Scammers use persuasive and threatening tactics to target people when they are more likely to receive correspondence from HMRC. They send
Five London boroughs and one unitary with low council tax rates have been offered council tax flexibility, as the government unveiled a £78bn local government finance settlement for next year. Wandsworth, Westminster, Hammersmith and Fulham, City of London, Kensington & Chelsea LBCs and Windsor and Maidenhead RBC have been told they can increase the amounts
In total, HMRC has received more than 135,500 reports of suspected scams over the past 10 months, with criminals increasingly targeting people at times when they expect to hear from the tax authority. The HMRC also claims to have “taken swift action to close down nearly 25,000 fake websites and phone numbers in the last
A taxpayer asked for help as they wanted to claim back some cash HMRC has explained the rules around tax refunds(Image: Getty) HMRC has outlined its rules for securing a tax refund payment. The department issued guidance to clarify the procedures after an enquiry from a taxpayer. The taxpayer approached the authority as they were
Chancellor Rachel Reeves confirmed the new policy will affect certain claimants Chancellor Rachel Reeves has announced a policy for the state pension(Image: Getty) State pensioners are in for a tax break under a new policy – and it will increase over the next few years. As state pension payments continue to move upwards, pushing up
The Chancellor’s Budget announcement on 26th November has been met with mixed reaction among DIY investors, according to new research from Charles Stanley, part of Raymond James Wealth Management (RJWM). Notable characteristics of the fiscal event were that of higher income tax burdens and a ‘pick and mix’ of smaller, technical revenue raisers that aimed