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Personal tax

Average lifetime tax bill increases

The average UK household pays almost three quarters of a million pounds in taxes over the course of a lifetime, according to research by The Taxpayers' Alliance.

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New tax evasion plans revealed

HMRC has released further details about how it plans to crack down on offshore tax evasion.

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Dividend taxation Higher rate threshold Personal allowance Insurance premium tax

Dividend tax credits replaced by new allowance

Dividend tax credits will be replaced with a new £5,000 tax-free allowance from April 2016, the Chancellor George Osborne announced during his summer Budget statement.

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Retired households face higher tax bills

Retired households face an average annual tax bill of £6,500, research by Prudential has found.

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Families could miss out on IHT relief

Up to 3,000 families may miss out on the government's proposed changes to inheritance tax, according to analysis by NFU Mutual.

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Retirees breaking inheritance traditions

Traditional ways of passing on inheritance could be 'dying out', a report by HSBC has suggested.

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