Personal Tax

Inheritance tax payments see significant fall

The decline in house prices has had a dramatic impact on the level of inheritance tax that is being paid.

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Date looms for paper tax returns

Taxpayers are being reminded that the last date for submitting tax returns in their paper version is 31 October.

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EU considers carbon tax for vehicles

The European Commission (EC) is investigating the feasibility of a carbon tax on road fuel in an effort to reduce emissions.

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New tax-free savings limits for the over-50s

Savers aged over 50 now have the chance to invest more in tax-free ISA savings accounts.

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Offshore tax disclosure opportunity goes online

The Revenue’s latest campaign to track down tax that may be owing on undeclared funds held in offshore accounts is now online.

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Broadband tax 'set' to become law

Plans to introduce a tax on landline telephones in order to fund the development of faster broadband links could become law within a year.

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HMRC changes self-assessment registration for those not self-employed

HM Revenue and Customs (HMRC) has announced a change to the way that taxpayers who are not self-employed register for self-assessment.

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Government to clamp down on tax non-compliance

The Treasury has signalled its intention to act against those who do not comply with the UK’s tax laws.

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HMRC announces harmonised interest rates

HM Revenue and Customs (HMRC) has announced the new interest rates that will be charged for and paid on late and overpaid taxes.

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ISAs give older savers chance to increase tax-free savings

Anyone aged over 50 will be able to invest more in tax-free ISA savings accounts as of next month.

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