Banner

Personal Tax

Stamp duty tax changes concern for joint buyers

The 3% higher rate stamp duty land tax on second homes and buy-to-lets coming into effect 1 April 2016 could adversely impact parents buying jointly with their children to help them into the housing market.

Read more »

Personal savings allowance difficult to understand

Taxpayers will have difficulty understanding the tax-free savings allowance which is being introduced from 6 April 2016, according to the Low Incomes Tax Reform Group.

Read more »

Peer-to-peer lending at record high in 2015

Peer-to-peer lending growth reached more than £2.2 billion in 2015, according to figures by Peer-to-Peer Finance Association.

Read more »

Insolvencies continued to fall in 2015

The number of people being declared insolvent was at its lowest level for a decade, according to the Insolvency Service show.

Read more »

Record rise in new year tax return submissions

The number of people submitting their self-assessment tax return online on new year's eve rose to 24,546.

Read more »

HMRC reveals next stage of modernisation programme

HMRC has announced further plans in its modernisation programme to improve service quality and creation of 13 new regional centres over the next 5 years.

Read more »

Paper tax return deadline on 31 October

The deadline to submit your paper tax return is fast approaching.

Read more »

1 in 8 SMEs use personal loans for funding

1 in 8 SMEs has used credit cards and personal loans to fund their businesses over the last 12 months, according to new research by Santander Corporate & Commercial.

Read more »

Inheritance tax bill exceeds £3 billion

The inheritance tax paid on 17,900 estates exceeded £3 billion in 2012/13, according to Prudential.

Read more »

Pensioners pay a tenth of income tax

Over-65s pay 11% of the UK’s income tax bill according to figures released by Prudential.

Read more »
Syndicate content