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Browsing Tag

thisismoney

39 posts
PPersonal finance
Pending rules: People who die aged under 55 will have inheritance tax levied on pension savings they never accessed
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Families of people dying too young to access pensions not spared in inheritance tax raid

  • August 12, 2025
People who die young will have inheritance tax levied on pension savings they never had a chance to…
PPersonal finance
This reader wants to pass their buy-to-let properties to their two children, but are concerned about a potential tax bill
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We want to give our children our buy-to-let properties – can we avoid capital gains and inheritance tax?

  • August 11, 2025
My husband and I, both 68, own our house worth £650,000, plus three flats which we rent out.…
PPersonal finance
Close to the edge: Demands are mounting for a rise in the state retirement age, against the background of concern over spiralling costs
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Raise retirement age to match life expectancy, say managers

  • August 11, 2025
By ANNE ASHWORTH Updated: 16:50 EDT, 10 August 2025 Demands are mounting for a rise in the state…
PPersonal finance
Gentle touch: L&G's Antonio Simoes says funds should be encouraged ¿ not made ¿ to buy British
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L&G boss urges Rachel Reeves: Don’t force our pension funds to back Britain

  • August 11, 2025
By CALUM MUIRHEAD, CHIEF CITY REPORTER Updated: 08:46 EDT, 10 August 2025 The boss of Britain’s biggest money…
PPersonal finance
A ¿fixed-term¿ annuity instead of the common ¿lifetime¿ option could boost your retirement income
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The little-known trick to lock in a guaranteed 9% return on your pension savings – here’s what you need to do

  • August 10, 2025
Many over-55s are missing out because they are unaware of a valuable trick that could guarantee income in…
MMarkets
Market moving: The number of properties sold and mortgages agreed rose in the first half of 2025, but this was heavily impacted by stamp duty changes
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Property market ‘strongest in three years’ in first half of 2025

  • August 10, 2025
Stamp duty changes and banks offering bigger mortgages have driven the high By LUCY EVANS, MONEY REPORTER Updated:…
PPersonal finance
While older generations do appear to be better at tracking their pensions, almost a third still can¿t say for certain that they know where all of their pots are
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One in five don’t know where all their pensions are: How to track them down

  • August 2, 2025
More than a fifth of people don’t know where their pension pots are held, data shows – meaning…
PPersonal finance
Gifting: Families are giving money to their direct family to avoid hefty IHT bills
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One in five over 65s now gifting money to family in response to Chancellor’s inheritance tax raid

  • July 31, 2025
By ANGHARAD CARRICK Updated: 08:08 EDT, 31 July 2025 Older savers are gifting money to their children and…
PPersonal finance
Headache: Pension savers have to fill in a form for HMRC if they think they are owed a refund
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HMRC hands back £48.7m in overpaid pension tax in just three months

  • July 30, 2025
HM Revenue & Customs is still refunding millions of pounds back to Britons in overpaid pension tax.  It…
PPersonal finance
One of the main ways to go about reducing a potential IHT bill is to make the most of gifting allowances to lower the value of your estate
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Could I give £250 gifts to 400 people who then pay them to my daughters to beat inheritance tax on £100,000?

  • July 28, 2025
I am one of the people that will be adversely affected by Rachel Reeves’ unwarranted raid on unused…
PPersonal finance
Hit hard: Taxpayers paid a record £8.5 billion in inheritance tax in 2024-25 and £1.5 billion in the first two months of this tax year alone
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The innocent inheritance tax blunder that can cost your family dearly

  • July 20, 2025
By HOLLY MEAD Updated: 16:51 EDT, 19 July 2025 Hundreds of bereaved families are being hit with unexpected…
PPersonal finance
Start early: The average person would be 15% better off when they retire if they started saving at 18 instead of 22
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Time is money when it comes to pensions, says L&G boss António Simões

  • July 19, 2025
By ANTÓNIO SIMÕES Updated: 07:21 EDT, 19 July 2025 Albert Einstein may not have said it but, as…
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