Allowances

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Economists query impact of 45p top tax rate

The Treasury raised an extra £1.3bn from income tax in the first month since the introduction of the 45p top rate, according to the latest figures.

Allowances | 23 May 2013
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Tax credit claimants warned over scam emails

People who claim tax credits are being warned about scam or "phishing" emails sent out by fraudsters in the run-up to the renewal deadline.

Tax | 21 May 2013
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Budget 2013: your ultimate at-a-glance guide

We've put together a brief run-down of all the key things to come out of the Chancellor's fourth Budget.

Savings | 20 Mar 2013
Small wonder

Budget 2013: CTF investors could be £7,500 better off

Plans to allow "zombie" child trust funds (CTFs) to be switched to Junior ISAs could see savers £7,500 better off.

Allowances | 20 Mar 2013
baby

Budget 2013: Govt confirms new tax-free childcare scheme

The Government has confirmed support for working families by announcing 20% off the first £6,000 of childcare costs for each child.

Allowances | 20 Mar 2013
tax-burden

Budget 2013: Personal tax allowance raised to £10k in 2014

The personal income tax allowance for 2014/15 has been raised to £10,000, a year earlier than planned.

Allowances | 20 Mar 2013
budget box

Ten weird and wonderful Budget facts

The UK Budget has been running for almost 300 years. It is a national institution with a rich history and its own customs and traditions - here are a few of the most interesting.

Tax | 20 Mar 2013
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Budget 2013: Child savings 'offered a lifeline'

The Chancellor is expected to offer a lifeline to six million children by allowing savings in child trust funds to be switched into more generous junior ISAs.

Allowances | 20 Mar 2013
children1

Govt to unveil new tax-free childcare scheme

Some parents will be able to claim back up to a fifth of average annual childcare costs from the government under a new scheme.

Allowances | 19 Mar 2013
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Childcare vouchers may be saved in govt u-turn

Childcare vouchers could be reprieved with an increased cap limit as part of an apparent government u-turn in this week’s Budget, according to reports.

Allowances | 18 Mar 2013
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Poor families will 'gain nothing' from personal allowance increase

Poor households are the biggest losers from the Government's tax policies, new TUC research reveals.

Allowances | 18 Mar 2013
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Chancellor fast-tracks state pension changes

Chancellor George Osborne is to bring forward the introduction of the flat-rate state pension and the cap on social care by a year.

Allowances | 18 Mar 2013
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Crystal ball: 12 predictions for Budget 2013

A run-down of the possible measures to be announced this week.

Pensions | 15 Mar 2013
HM Revenue and Customs

HMRC to start face-to-face home visits

HM Revenue and Customs (HMRC) is to close its 281 tax enquiry centres in 2014 and pilot a new support service from June.

Tax | 15 Mar 2013
Tax burden

Taxpayers to part with £4.6bn in 'unnecessary' tax in 2013

UK taxpayers will pay HM Revenue and Customs (HMRC) £4.6bn more than they need to this year, according to a report.

Tax | 12 Mar 2013

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