Personal Tax

Closer scrutiny for inheritance tax valuations

The rules on how estates are valued for inheritance tax could be tightened up.

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New air taxes come on stream

The cost of flying has risen after the introduction of the first of two new sets of air duty.

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Think-tank proposes green taxes to combat climate change

The UK’s tax system requires £150 billion worth of green taxes if the country is to play its part in curbing carbon emissions, it has been argued.

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Older taxpayers often paying the wrong amounts

Well over one million pensioners have overpaid their tax, official figures have revealed.

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HMRC urged to be lenient on returns delayed by the postal strike

Taxpayers whose paper returns are held up in the mail by the postal strike should not have to face a late filing fine.

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Income tax requires '7p hike'

To tackle the UK’s massive public debt, the basic rate of income tax should be raised by 7p in the pound, a leading think tank has said.

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Tax changes would help support economic recovery

The Chancellor has been urged ahead of his pre-Budget Report to introduce changes to the tax system as a way of helping to stimulate economic growth.

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Tax refund scams on the up

The number of scam emails in circulation promising people bogus tax refunds has reached record levels.

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Postal strike may have impact on late tax return penalties

The possibility of nationwide industrial action by postal workers could affect the filing of tax returns due by 31 October.

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