Probate charges set to increase

Wealthy families in England and Wales face paying probate charges of up to £6,000 from April 2019 after ministers confirmed it as a fee rather than a tax. Families currently pay a flat fee of up to £215 to obtain the grant of probate needed in England and Wales to...

Parents slow to embrace tax-free childcare

More than 91,000 families in the UK took advantage of tax-free childcare in December 2018, the latest government statistics have revealed. Tax-free childcare provides help with childcare costs for working parents who earn more than £120 a week and less than £100,000 a...

Have you used your ISA allowance this year?

With seven weeks to go before the end of the 2018/19 tax year, now is a good time to look at the way your savings are arranged, and make sure they're as efficient as they can be. You can save or invest up to £20,000 in an ISA in 2018/19 and 2019/20 without paying tax...

The risks of a tax investigation

Humans are bad at assessing risk. We're terrified of plane crashes or being bitten by a poisonous snake, but relaxed about things that are statistically more likely to harm us. The likelihood of HMRC investigating your business's tax affairs seems to be a particularly...
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