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budget

Autumn Budget 2017: income tax rate boost for low and medium earners

The second Budget statement of 2017 had little surprises, with Chancellor Philip Hammond announcing modest increases to personal allowances and the higher rate threshold, as well as measures to cut...

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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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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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General election and tax: what we know so far

With just a month to go until 8 June’s general election, Britain’s political parties are steadily setting out their plans for how they will raise revenue and spend should they take...

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Budget 2017: Tax hike for the self-employed

Self-employed workers could see their take-home pay squeezed by hundreds of pounds a year as a result of changes to the National Insurance system announced in today’s Budget. Contribution rates for self-employed...

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