The average bill for direct taxes has hit £5,308 a year for retired households, marking a seven percent increase compared to last year. Daily Express :: Finance Feed
Read More »Tag Archives: threshold
Inheritance Tax threshold changes take place next month – will your IHT bill change?
INHERITANCE TAX is a tax on the estate – meaning the property, money and possessions – of a person who has died. Changes to a particular allowance are taking place next month – so how will it affect Inheritance Tax bills and the overall threshold? Daily Express :: Finance Feed
Read More »Inheritance Tax UK threshold: How some people could boost their threshold to reduce bill
INHERITANCE TAX is a tax on the estate of a person who’s died, and the Inheritance Tax threshold can have an impact on how much IHT needs to be paid. What is the threshold? Daily Express :: Finance Feed
Read More »Inheritance Tax threshold – how you could increase yours and reduce IHT bill
INHERITANCE TAX is paid on the estate of someone who has died and their assets are being handed on to someone else. Their estate will compromise most things of value such as property, capital assets and, of course, cash. Daily Express :: Finance Feed
Read More »National Insurance threshold is rising in April – how will the tax cuts affect you?
NATIONAL INSURANCE is paid by everyone in the UK if they’re 16 or over and earning over certain amounts. However, there is a threshold in place which allows people to earn a certain amount before they start paying National Insurance. From April, this threshold will rise. Daily Express :: Finance Feed
Read More »National Insurance threshold rise to save 31m £104 a year – will it affect state pension?
NATIONAL INSURANCE records determine how much of the state pension a person is able to get. Yesterday, the government announced National Insurance contributions thresholds are to rise to £9,500 per year. How will it affect the state pension? Daily Express :: Finance Feed
Read More »Inheritance Tax threshold – how much is it? How you could boost your threshold
INHERITANCE TAX is a tax levied on the estate of someone who has died or is passing on their assets. A person’s estate is composed of their property, money and possessions, but the total value of these assets need to hit a certain threshold for the tax to be due. Daily Express :: Finance Feed
Read More »Queen’s Speech: National Insurance threshold and Living wage to rise after Boris victory
QUEEN ELIZABETH II set out the government’s agenda in Westminster yesterday at the Queen’s Speech. It came after Boris Johnson’s Conservative party secured an overwhelming majority in the General Election 2019 earlier this month. Daily Express :: Finance Feed
Read More »Inheritance Tax UK: What is the threshold? Sajid Javid on ‘real issue’ with the tax
INHERITANCE TAX may be required to be paid on the estate of a person who has died. This week, Sajid David was asked about abolishing the so-called death tax. What is the threshold? Daily Express :: Finance Feed
Read More »Inheritance Tax threshold ‘should be doubled’, poll shows – how Brits responded across UK
INHERITANCE TAX is a tax on the estate, such as the property, money and possessions, of a person who has died. A new poll has found that, overall, Brits feel the tax-free threshold should be raised. Daily Express :: Finance Feed
Read More »