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Tax

Ask an expert: ‘My father died in 1989, leaving everything to my late mother. What’s the inheritance tax allowance on her estate?’

Every week, Which?’s money experts answer your financial queries. You can submit your questions to money-letters@which.co.uk, or via our Facebook or Twitter pages. Q. I am sorting out my late...

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Inheritance tax hits record high

Inheritance tax bills top £5 billion for first time

Inheritance tax (IHT) bills have soared to their highest-ever level, with HMRC collecting £5.1bn in the past 12 months, according to its latest receipts. This is the first time that...

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Ask an expert: ‘How do I work out how much vehicle excise duty I pay?’

Every week, our money experts answer your financial queries. You can submit your questions to money-letters@which.co.uk, or via our Facebook or Twitter pages. Q. I understand that the vehicle excise duty...

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Queen’s Speech: what does it mean for your finances?

This afternoon’s Queen’s Speech included pledges to improve the energy, property and car insurance markets.  The speech failed to include future plans for the state pension. The Conservative party had...

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Conservative and DUP ‘coalition’: what it could mean for your finances

Britain’s hung parliament lasted for a matter of hours – Theresa May is staying on as Prime Minister and forming a government by entering into a partnership with Northern Ireland’s Democratic...

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Retired couple

Are you missing out on these lucrative tax breaks?

The number of older couples living together unmarried has trebled over the past 13 years – and more than 300,000 could be missing out on tax breaks and perks worth...

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SNP manifesto: what does it mean for your finances?

The Scottish National Party (SNP) today released its manifesto for June’s general election, with a second independence referendum and greater involvement in Brexit negotiations among its key pledges. Here, we look...

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General election manifestos: what they mean for your finances

UPDATED 30 MAY: This story has now been updated to include the manifesto of the Scottish National Party (SNP) Almost all of the major political parties have set out their...

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Conservative manifesto: what does it mean for your finances?

The Conservative Party today released its manifesto for next month’s general election, with changes to tax, elderly care and housing among the key proposals. Here, we take a look at...

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Liberal Democrat manifesto: what does it mean for your finances?

The Liberal Democrats today released their manifesto for next month’s general election, with property reforms and tax changes among the main pledges. Here, we take a look at some of the key...

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