Personal tax

Home improvements favoured over moving

Planning on selling your property? 59% of homeowners think that making improvements to their current home is a better option than trying to move up the housing ladder.

Record number of property sales exceed IHT nil-rate band

A record proportion of properties sold in 2016 to date exceeded the inheritance tax (IHT) nil-rate band limit of £325,000.

ISA investments at record high

£80 billion was subscribed to ISA accounts during the 2015/16 tax year, according to figures released by HMRC.

Faster tax repayments through personal tax account

Taxpayers can now receive tax repayments directly from HMRC using their online personal tax account.

Reminder: changes to interest rates on late payments

Late payment and repayment interest rates charged for the main taxes and duties will change on 23 August 2016.

Syndicate content