Dec 20, 2019 | Personal Tax
Grandparents are set to spend £2.8 billion on gifts for their grandchildren this Christmas, a report has claimed. Research from SunLife claimed the average grandparent will spend £81 on each grandchild before 25 December 2019 - up from £67.62 in 2018. The average...
Dec 19, 2019 | Personal Tax
A report into the tapered annual allowance is expected by early February, but that's not soon enough for one campaign group. Despite the new government only being formed six days ago and with Christmas looming, Royal London has called for more urgency. Health...
Dec 11, 2019 | Personal Tax
Taxpayers are being urged to check if they have overpaid income tax, following reports that around half a million people tried to claim refunds. A Freedom of Information request submitted by Royal London showed that around 460,000 people have chased HMRC for income...
Dec 9, 2019 | Personal Tax
UK Finance, a body representing organisations in the finance and banking sector, has called for a more coordinated approach to housing policy and the regulation of mortgages. In its report The Changing Shape of the UK Mortgage Market, published last week, the...
Dec 6, 2019 | Personal Tax
Thousands of people in the loan charge settlement process should not have to report backdated taxes through self-assessment next month, a tax group argues. Up to 50,000 people were paid through loans from offshore trusts dating back to 1999, and more than 8,000 have...
