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Personal tax

Record number of property sales exceed IHT nil-rate band

A record proportion of properties sold in 2016 to date exceeded the inheritance tax (IHT) nil-rate band limit of £325,000.

ISA investments at record high

£80 billion was subscribed to ISA accounts during the 2015/16 tax year, according to figures released by HMRC.

Faster tax repayments through personal tax account

Taxpayers can now receive tax repayments directly from HMRC using their online personal tax account.

Reminder: changes to interest rates on late payments

Late payment and repayment interest rates charged for the main taxes and duties will change on 23 August 2016.

HMRC cuts trigger customer service concerns

Cuts to HMRC's personal tax services over the next 5 years could lead to a drop in customer service quality.

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