How much tax you pay varies depending on your situation HMRC has clarified its rules(Image: Getty) HMRC has released an update regarding some additional tax that certain customers are required to pay. The authority responded to an enquiry by breaking down the figures to clarify how tax bills are calculated. A customer got in touch
Robert Cornelius, President of Guernsey Motor Trade Association, said the tax may prevent people buying electric cars. He said: “There’s a big incentive for someone to buy an electric vehicle because they’re not paying 90-something pence of duty per litre of fuel. “If you reduce that, and then make additional charges, that potentially might not
People approaching pension access age are being urged to understand the rules before taking money from their pot for the first time. People approaching pension access age are being urged to understand the rules before taking money from their pot for the first time.(Image: Getty Images/iStockphoto) People approaching retirement have been warned not to make
The two men allegedly targeted TikTok users to harvest their tax details (Picture: Getty Images) TikTok users are being warned to keep an eye out for tax scams after two men were arrested in east London over an alleged scheme involving £153million in fraudulent claims. The pair, aged 22 and 25, have been accused of
Car tax rules can be confusing, but here’s everything you need to know about vehicle excise duty (VED) and the major changes coming. 14:43, 03 Jun 2026Updated 08:37, 04 Jun 2026 Car tax changes for 2026 have recently taken effect — but more are on the way which affect millions of drivers(Image: stefanamer via Getty
People who start planning at 50 could pass on thousands more Delaying the start of your estate planning could come with a significant cost(Image: GETTY) Families could be losing thousands in ‘preventable’ Inheritance Tax costs according to money experts after a new report found that delay one single decision by a few years could have
Households could go down an entire council tax band or drop their bill by 17% Council Tax discounts error could mean millions missed out Households with disabled members could get hundreds wiped off their Council Tax bill even if they don’t claim any disability benefits. Instead, your property needs to meet some physical criteria in
Car tax rules can be confusing, but here’s everything you need to know about vehicle excise duty (VED) and the major changes coming. Car tax changes for 2026 have recently taken effect — but more are on the way which affect millions of drivers(Image: stefanamer via Getty Images) Keeping track of car tax (officially termed
Pensions will be included in the estate of someone who has died from April 2027 – and it will down to families to 12:44, 02 Jun 2026Updated 12:47, 02 Jun 2026 It will be the responsibility of personal representatives to track down pensions(Image: Getty) Grieving families will be responsible for taking “reasonable steps” to track
A taxpayer raised concerns as their situation was changing HMRC has explained how pension tax works(Image: Getty) HMRC has explained the rules around tax on pensions. The group explained when it may make changes to your tax record, as well as some key timelines to note. The group also set out how certain taxpayers can