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HMRC

  • Ask the expert: We pay for our adult children to live at home. Will that result in an IHT liability?

    January 26, 2026

    Fidelity personal finance specialist, Marianna Hunt, is on hand to help parents who are concerned that letting their adult children live at home could lead to a large IHT bill. Q: Our adult children live in our house. We pay for all food, utilities, council tax etc, but don’t charge any rent. Is that an [...]

  • UK tax regime is forcing pubs to raise pint prices

    January 23, 2026

    Pubs do not want to raise prices, but endless tax pressures are giving them little other choice, writes Emma McClarkin.

  • High earners could be missing out on thousands in pension tax relief 

    January 19, 2026

    High earners could be at risk of losing a quarter of a million pounds in pension tax relief through failing to reclaim by the self-assessment tax return deadline. Brit ensnared in the £100,000 tax trap could see thousands of pounds slipping out of their grasp, as well as valuable free childcare support, according to wealth [...]

  • Retail investor tax anxiety hits record highs

    January 13, 2026

    Retail investor anxiety surrounding taxes has hit a record high, as Brits work to absorb the impact of Autumn Budget policy changes. Nearly 50 per cent of UK investors said they were concerned about the impact of taxes and government policies on the performance of their portfolios for the coming year in December, up from [...]

  • HENRYs set for further Budget blow as more dragged into £100K tax trap

    January 13, 2026

    Thousands more UK workers are set to be pulled into the £100,000 tax trap as high earners brace for a further financial squeeze. The number of Brits earning six-figure salaries is set to surpass two million for the first time according to estimates from HMRC obtained by Rathbones, leaving more high earners to face the [...]

  • The tax return deadline is looming. Here’s how to avoid fines 

    January 12, 2026

    Many of us are guilty of putting our personal finance admin on the back burner, opting to leave paying our bills, planning the monthly budget and checking insurance policies until the last minute. But  with the deadline of the 31st inching ever closer, leaving your self-assessment tax return until the final days of January, leaves [...]

  • Businesses are suffering financial losses from faulty AI advice

    January 6, 2026

    Half of UK accountants and bookkeepers have said businesses have suffered financial losses due to AI slop that has caused ‘avoidable mistakes’ in the books. New research by Dext found that nearly a third (31 per cent) of accountants and bookkeepers encounter client mistakes on a weekly basis, caused by wrong or misleading AI-generated financial [...]

  • Fiscal drag to push thousands of families into child benefit tax charge

    January 6, 2026

    The Chancellor’s decision to freeze tax thresholds will leave thousands of families forced to pay High Income Child Benefit Charge, eroding the value of government support. According to official HMRC forecasts, uncovered in a freedom of information request by Quilter, fiscal drag will force 35,000 more families into paying the charge, jumping from 324,000 in [...]

  • Tax crackdown in 2026: Why experts predict a wave of enforcement actions

    December 30, 2025

    Under the Labour government, HMRC has shifted from a reactive to a highly proactive stance, and tax experts expect increased tax enforcement in the new year. The government has committed to invest an additional £555m annually in HMRC to boost tax compliance and transform its technology. The investment aims to raise an extra £5.1bn in [...]

  • Decluttering after Christmas? Tax expert clarifies rules for selling unwanted gifts on eBay and Vinted

    December 23, 2025

    Not everyone is thrilled with their Christmas haul, after all, there are only so many novelty socks, scented candles, and mystery kitchen gadgets one household can handle before space starts to run out. Usually, as a result, apps like Vinted see a surge in activity around Christmas, with sellers hoping to offload unwanted gifts.   [...]

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