Personal Tax

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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Self-employed value sick pay over other benefits

Self-employed people would prefer to receive sick pay over any other statutory benefit.

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Landlords hit by mortgage interest relief changes

Landlords with a single property could be pushed into a higher tax bracket due to changes to mortgage interest relief.

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HMRC urged to extend executors’ inheritance tax deadline

Royal London is calling on HMRC to change inheritance tax rules on larger estates.

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Almost half of homeowners go close to overspending

Nearly half of homebuyers pushed their budgets to the limit when purchasing properties in the last 2 years.

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