Inheritance tax on gifts: What is taper relief? How much can you give family each year?

INHERITANCE TAX may be payable after a person’s death. The tax may also be required to be paid on gifts which are given during one’s lifetime, after their death. What is taper relief? How much can a person gift tax-free each year? Daily Express :: Finance Feed  More...

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By admin On Saturday, July 20th, 2019
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Pension contributions: Women face prospect of outliving savings by 16 YEARS – new survey

PENSION pots are something many people will rely on during their later years, in order to live independently during retirement. However, according to a new survey, Britons face the prospect of outliving their retirement More...

By admin On Saturday, July 20th, 2019
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Who gets Universal Credit: New guidance for households submitting claim explained

UNIVERSAL CREDIT may be paid to a person or couple in order to help with living costs, should they be on low income or out of work. Yesterday, Work and Pensions Secretary Amber Rudd announced there would now be More...

By admin On Saturday, July 20th, 2019
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What tax code should I be on in 2019? What the UK tax codes mean – 1250L explained

TAX may be payable to HM Revenue and Customs on taxable income. A person’s tax code may change throughout a tax year, with the tax-free allowance also affecting what a taxpayer’s tax code looks like. What do More...

By admin On Saturday, July 20th, 2019
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Public sector workers ‘to get £2bn pay rise’ – affecting teachers, police & armed forces

PUBLIC SECTOR workers are reportedly set to see a pay rise, which would be the biggest public sector pay rise in six years. Daily Express :: Finance Feed  More...

By admin On Saturday, July 20th, 2019
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Pound US Dollar exchange rate: GBP climbs almost a cent

AFTER a dismal start to the week the pound was able to recoup some of its losses yesterday, taking the GBP/USD exchange rate from $ 1.244 to $ 1.252. Daily Express :: Finance Feed  More...

By admin On Friday, July 19th, 2019
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Pound euro exchange rate: GBP/EUR dips as UK’s budget deficit swells to a four-year high

THE pound euro exchange rate fell slightly this morning, leaving the pairing fluctuating around €1.112, as UK public sector borrowing ballooned to a four-year high in June. Daily Express :: Finance Feed  More...

By admin On Friday, July 19th, 2019
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Stamp Duty Land Tax: Who is a first-time buyer? Can couples qualify for SDLT relief?

STAMP DUTY LAND TAX is a tax which may be payable by a buyer upon the purchase of a property or piece of land. There is a relief available for first-time buyers – but who is a first-time buyer? Daily Express More...

By admin On Friday, July 19th, 2019
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Facebook’s Libra cryptocurrency ‘may not happen’

FACEBOOK’S much-lauded Libra crypto project will be pushed back another two years at least, and is in danger of not even getting off the ground, says a US economist. Daily Express :: Finance Feed  More...

By admin On Friday, July 19th, 2019
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Can life insurance refuse to pay? Failing to reveal this habit could see claim REFUSED

LIFE insurance may provide peace of mind that any dependant loved ones have some financial security, should the worst happen. However, it could be that failing to tell one’s insurer about a lifestyle habit may More...