Second home-owners under the cosh

Second home-owners face a clampdown over a tax loophole that can save them money by claiming the properties are available for holiday lets. Currently 60,000 properties classed as holiday lets are liable for business tax rather than council tax, which in the vast...

Child benefit mistakes

Freedom of Information figures show parents could lose at least £260 a year at retirement because of a simple misunderstanding in child support eligibility. In these couples, it is the higher earner that is claiming child benefit – but transferring it to the lowest...

Check your tax code

Commentators have called on workers to check whether their tax codes are correct ahead of the start of the new financial year – or risk losing thousands of pounds. HMRC has been issuing new tax codes this month ahead of April 6 but the financial expert has warned...

Tax checklist for a new year

For better returns, proper insurance protection, and tax-saving, the new tax year is the right time to take such important financial decisions relating to savings and investments. It is time to take a step back and conduct a few checks to ensure that you are on the...

Record property sales

Home sales hit their highest daily level in a decade last week, as the housing market boom continued apace. The number of property sales agreed on Tuesday 23 March was the highest for ten years, according to analysis by the UK’s biggest home listings website...

Possible ‘Tax Day’ changes

Households can expect a wide range of tax changes in the future, as the government is set to reveal new policies and consultations on March 23rd. In what’s been dubbed as “tax day”, expected changes range from a pensions relief shake-up to reduced...