New analysis from the Organisation for Economic Co-operation and Development (OECD) has revealed that property taxes in the UK are higher than any other developed country.

The latest figures from the Department for Work and Pensions (DWP) show that since 2012, the number of people saving into a workplace pension has increased by 4.4 million.

The rules around inheritance tax (IHT) allow spouses or civil partners to transfer any unused nil rate band to the surviving spouse or civil partner, following his or her death. This means that a person’s estate can benefit from twice … Continue reading →

A new additional nil-rate band of £100,000 for inheritance tax on main residences, when bequeathed to a direct descendent, is set to come into effect from April 2017.

During the last few Budgets and Autumn Statements the government has made moves to prevent tax avoidance and evasion – and the latest fiscal event was no different.