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Tax

Death of the tax return? HMRC simplifies self assessment

Death of the tax return? HMRC simplifies self assessment

Millions of people could be freed from the hassle of submitting a tax return, as HMRC begins its roll out of a simplified system for some taxpayers. Around 11 million...

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Ask an expert: ‘How much capital gains tax do I need to pay?’

Ask an expert: ‘How much capital gains tax do I need to pay?’

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 have made a substantial capital gain...

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Should you appeal your council tax bill?

Should you appeal your council tax bill?

Some 10,670 households managed to cut their council tax bill in the past year by challenging the government’s valuation of their property, latest figures from the Valuation Office show. Between...

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

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 bills top £5 billion for first time

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?’

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?

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

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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Are you missing out on these lucrative tax breaks?

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?

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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