What happens to my ISA when I die?
In this article we look at what happens to your ISA when you die. We explain what happens if you have a surviving spouse as…
Tax
Pensions: Can I carry forward unused annual allowances?
Is it possible to carry forward unused annual allowances? My wife has a SIPP worth about £28K. She has not made any contributions in to…
My parents have gifted me some money – what are the tax implications?
Reader Question: What are the tax implications of a gift from my parents Hi Damien Love your podcast and website, question for you. I’ve been…
New HMRC powers will allow the Taxman to raid your bank account
Taxman may soon be able to take money from your bank account if you have unpaid tax The Government has announced some proposed changes to…
Now you can settle tax disputes with HMRC in one day
Taxpayers that are in dispute with HMRC can now settle their case within a couple of hours through a new fast-track service, called an alternative…
Can we backdate our main residence nomination to avoid tax on a 2nd property sale?
Reader Question My husband and I are thinking about putting our property on the market. Unfortunately we did not know that we needed to declare…
How new reduction in CGT relief will affect second home owners
In the recent Autumn Statement the Chancellor announced changes to the CGT allowance on a second home which may affect many property owners and landlords…
How to check if you’ve overpaid tax in 60 seconds
If you think that you may have paid too much income tax and could be due a refund then HMRC have a handy tax checker…
39 simple ways to pay less tax
If you find this article useful then pretty much everyone you know will do as well. To show your appreciation for the hours of work…