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Personal Tax

Millennials bear the brunt of ‘housing catastrophe’

Amount of income spent on housing trebles in the last 50 years.

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Stamp duty rise drives up landlord costs

Average buy-to-let stamp duty bill stands at £8,477.

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More over-50s making early inheritance gifts

'Living inheritances' help keep younger relatives afloat.

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Most adults have no inheritance strategy

Almost 9 in 10 working adults have not checked their potential inheritance tax liability.

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Total cash payments down by 11%

Cash represented almost half of all payments made in 2016.

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Older women ‘worse off’ from state pension age change

Women aged between 60 and 62 are £32 per week poorer after pension age changes.

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Stamp duty payments reach £8.3bn

Stamp duty payments reached a total £8.3 billion in 2016, up from £7.1 billion in 2015.

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HMRC overtaxing savers on pension withdrawals

As many as 200,000 savers may have paid too much tax on one-off withdrawals.

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Adults ‘overestimate retirement discounts’

Many adults may be overestimating the perks they receive to make their retirement more affordable.

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Tax credits renewal deadline

The deadline to renew your tax credits, including child tax credits and working tax credits, is 31 July 2017.

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