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Income tax

Most People Really Do Find Tax Too Taxing

Few people understand tax and how the rules impact the money in their pockets, according to new research. Out of 2,000 people quizzed about tax,...

How Tax Planning Can Backfire For Property Partners

Forming a limited liability partnership is a popular tax planning strategy for landlords - but there must be a sound commercial reason for doing...

Pension Savers Pay £433m Too Much Tax

Thousands of over 55s have overpaid millions in tax after drawing money from their retirement savings under flexible access pension rules. The mandarins at HM...

We All Worked 149 Days This Year Just To Pay Our Tax Bills

Taxpayers worked 149 days in 2019 just to earn enough to pay their taxes - but from May 30 onwards, all the money they...

What’s Best For Savers – A Pension Or ISA?

If you have some extra cash savings ready for investing at the end of the financial year, what’s best – a pension or an...

UK Tax Crack Down On Cryptocurrency Investors

The UK tax man is planning to crack down on investors who fail to declare profits from cryptocurrency on their self-assessment returns. HM Revenue &...

40,000 Whistleblowers Tip Off HMRC Tax Dodger Hotline

The tax man may not pick up the phone as quickly as most taxpayers would like but whistleblowers seem to have no problem getting...

What Is The Common Reporting Standard For Expats?

The Common Reporting Standard is expected to swing into action in a few weeks - but how does this impact expats and the tax...

Ministers Eye Up High Earners For Rich Pickings

Wealthy landlords, expats and investors could be in the firing line as ministers look for ways to raise more tax. Even though taxpayers are paying...

Everyone’s Paying More Tax Now Than In The Past 50 Years

Taxpayers are paying the government more money now than they have paid in the past 50 years, according to a new study. Tax has reached...

Latest news

Struggling Forex Broker Bought Flats With Company Funds

A forex broker whose company was approaching financial meltdown switched £1.05 million from a business account to buy two apartments in Dubai in a...

Stock Markets Slump To Worst Quarter In 37 Years

Stock markets slumped to record losses in the first three mnths of the year due to fears over how coronavirus impacts the world economy...

Operation Airlift Underway For Brits Stranded Abroad

The British government is working with partner airlines to bring thousands of stranded travellers back to the UK. Foreign Secretary Dominic Raab has set aside...

Expat Landlords Get Buy To Let Mortgage Aid

The financial pain of coronavirus uncertainty for buy to let landlords has been eased by the housing minister. Secretary for Housing Robert Jenrick is extending...

Financial Package On The Way For Self-Employed

Financial support is coming for freelance and self-employed expats who pay their taxes in the UK, Prime Minister Boris Johnson has promised. In his last...
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