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Browsing Tag

thisismoney

163 posts
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
Pensions: Unspent pots will be brought into inheritance tax net from April 2027
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New idea to tax inherited pensions worth £90k-plus floated – instead of imposing inheritance tax

  • July 19, 2025
The Government is being urged to slap income tax on inherited pensions worth £90,000-plus instead of making them…
PPersonal finance
Targeted support is intended to enable financial companies to offer suggestions to consumers based on ¿reasonable assumptions¿ about their finances
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Basic advice should be helping millions better manage their money – but more needs to be done to provide it

  • July 19, 2025
By HARVEY DORSET Updated: 05:46 EDT, 17 July 2025 The basic advice model has helped millions with simple…
PPersonal finance
14-year-old Eashan is one of a number of children increasingly calling for more financial education in the curriculum
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Schoolchildren call to be taught more financial education

  • July 19, 2025
‘In three years at secondary school, we’ve only had one day of financial education,’ says 14–year–old Eashan Brown.…
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…
PPersonal finance
Moving abroad: More people are looking at retiring abroad to avoid higher taxes
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Warning over double inheritance tax trap if you move to Spain – experts reveal what you need to know…

  • July 19, 2025
My wife and I are approaching retirement, and we are considering whether we want to stay in the…
BBusiness
Rate debate: The Bank of England is grappling with surging inflation , which has leapt to an 17-month high of 3.6%, well above the 2% target
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Stagflation fears fuel interest rate conundrum at the Bank of England amid jobs bloodbath

  • July 18, 2025
By HUGO DUNCAN Updated: 17:05 EDT, 17 July 2025 The Bank of England has an interest rate headache…
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