Personal Tax

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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Lending to first-time buyers hits 10-year high

First-time buyers received more loans this year than in any month of March since 2007.

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Bank of Mum and Dad to lend £6.5bn in 2017

The Bank of Mum and Dad is set to lend £6.5 billion in 2017, up from £5 billion in 2016.

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Property and trading allowances need more guidance

Clarity and guidance are needed on the new property and trading income allowances.

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Bereavement support payment changes

Changes to payments to those suffering from the death of a spouse or civil partner have been introduced.

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Personal tax changes

Here is an overview of some of the main changes for 2017/18 affecting personal finances.

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Over 55s risk missing out on family home allowance

Over 55s are at risk of missing out on the family home allowance for inheritance tax coming into force in April.

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Reminder: residence nil-rate band from April

The residence nil-rate band is coming into effect from 6 April 2017.

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Making the most of the pension annual allowance

People carrying forward any unused pensions allowance from the 2013/14 tax year must do so before 6 April 2017.

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Online tax return deadline reminder

The deadline to submit your online tax return is no later than midnight on 31 January 2017.

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