MoneyMagpie’s Vicky Parry tells us all the best deals for single people in 2026 and takes a close look at the dreaded ‘single tax’ You don’t need to pay more for being single(Image: Getty Images) Living alone can be brilliant. You get the bed to yourself, full control of the remote and never have to
Dealing with a loved one’s estate can be difficult enough without HMRC questioning the paperwork. But checks into inheritance tax (IHT) are becoming more common as more families are drawn into paying it. Since 2022, HMRC has opened more than 14,000 investigations into underpaid inheritance tax, according to a Freedom of Information request obtained by
The deadline to file your tax return for the 2024/25 tax year, and pay any tax owed, was January 31 HMRC will start charging 5% of unpaid tax owed from March 3(Image: georgeclerk via Getty Images) One million taxpayers have until March 3 to avoid additional fines from HMRC for missing the self-assessment tax deadline.
It was better news on tax receipts than we are used to. After several months of the borrowing figures rising higher and higher, and with the gilts market turning more and more nervous, January’s data suddenly looked a lot better than had been expected. The first month of the year is always a bumper four
HMRC is boosting the Personal Tax-Free Allowance with one tax code. The letter ‘M’ stands for Marriage Allowance, meaning you’ve received a transfer of 10% of your partner’s Personal Allowance. Marriage Allowance lets you transfer £1,260 of your Personal Allowance to your husband, wife or civil partner. Your Personal Allowance is the amount you can
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. An unhappy new tax year beckons on April 6. In six weeks’ time, nearly 1mn freelancers and buy-to-let landlords will become guinea pigs in the government’s Making Tax Digital experiment. Dubbed the biggest tax shake-up
The HMRC has alerted Brits to tax changes coming in April The change follows HMRC’s push for a comprehensive digital modernisation of Self Assessment(Image: fizkes via Getty Images) Millions of self-employed people and landlords are preparing for a massive transformation of Britain’s tax system from April 6. The change follows HMRC’s push for a comprehensive
The Individual Savings Account (ISA) allows people to save money tax-free There is a limit on how much you can have in your ISAs(Image: Getty) UK savers must adhere to a crucial £20,000 threshold. An Individual Savings Account (ISA) enables individuals to save money and earn interest tax-free. However, there’s an annual cap on how
Renfrewshire Council’s budget includes a £2.1m investment to complete a long-running project to refurbish or replace every play park in the region. It will also devote cash to an existing £50 winter school clothing payment to eligible children and will replace a mobile library. East Ayrshire’s council tax increase, which was originally proposed at 8%,
Bromley residents are set to face a rise in their annual council tax bill from April as the council moves to increase charges by the maximum amount allowed without a referendum. Bromley Council is set to sign off a 4.99 per cent rise in its share of council tax for 2026/27 at a meeting tonight