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HMRC refunds £42 million in overpaid tax to pensioners. Have you paid too much?

HMRC refunds £42 million in overpaid tax to pensioners. Have you paid too much?

Posted by John Davies
Categories
  • News
  • Tax
Posted on April 21, 2022

When you retire, your income may be coming from multiple sources, and it may not be regular. This can lead…

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Inheritance Tax receipts rise again. What can you do to minimise the bill?

Inheritance Tax receipts rise again. What can you do to minimise the bill?

Posted by John Davies
Categories
  • News
  • Tax
Posted on March 30, 2022

Official figures show that the amount paid in Inheritance Tax (IHT) has increased again. As the IHT thresholds are set…

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40% of people worry about Inheritance Tax, but only 7% seek advice

40% of people worry about Inheritance Tax, but only 7% seek advice

Posted by John Davies
Categories
  • News
  • Tax
Posted on December 8, 2021

4 in 10 people are worrying about the impact Inheritance Tax (IHT) could have on the legacy they leave behind,…

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Dividend Tax rate rise: Could it affect you?

Dividend Tax rate rise: Could it affect you?

Posted by John Davies
Categories
  • News
  • Shares
  • Tax
Posted on November 17, 2021

Dividend Tax rates are set to rise, and it could affect the amount of tax you pay. The chancellor announced…

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Inheritances left behind are growing – could you be affected by Inheritance Tax?

Inheritances left behind are growing – could you be affected by Inheritance Tax?

Posted by John Davies
Categories
  • News
  • Tax
Posted on June 14, 2021

Inheritances are growing and becoming more important to household wealth, research finds. As the Inheritance Tax (IHT) thresholds are now…

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Should you defer your State Pension? It could reduce your tax liability

Should you defer your State Pension? It could reduce your tax liability

Posted by John Davies
Categories
  • News
  • Pensions
  • Tax
Posted on May 13, 2021

There’s often a lot of talk about the State Pension Age rising and the impact it could have on retirement…

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How the tax freezes announced in the Budget could leave you worse off

How the tax freezes announced in the Budget could leave you worse off

Posted by John Davies
Categories
  • News
  • Tax
Posted on April 9, 2021

In March, chancellor Rishi Sunak delivered his second Budget. After a lot of speculation that taxes would rise to pay…

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Why planning for the 2021/22 tax year now is a fantastic idea

Why planning for the 2021/22 tax year now is a fantastic idea

Posted by John Davies
Categories
  • Financial planning
  • News
  • Tax
Posted on March 18, 2021

The 2020/21 tax year hasn’t even finished yet, but it’s the perfect time to start thinking about the next 12…

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Giving to charity: How it can be tax-efficient too

Giving to charity: How it can be tax-efficient too

Posted by John Davies
Categories
  • News
  • Tax
Posted on September 14, 2020

Supporting worthy causes is often something people want to include in their financial plan, whether through regular donations or a…

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2020/21 tax year: Exemptions and allowances

2020/21 tax year: Exemptions and allowances

Posted by John Davies
Categories
  • Tax
Posted on April 20, 2020

We’ve now entered a new tax year. Whilst some changes were made during the 2020 Budget, other allowances and exemptions…

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