HMRC Inheritance Tax Change: Major Challenge for UK Households
Nearly half of UK adults are not confident the six-month deadline for paying inheritance tax on unused pension funds will be long enough, posing one of the biggest challenges.
Nearly half of UK adults are not confident the six-month deadline for paying inheritance tax on unused pension funds will be long enough, posing one of the biggest challenges.
HMRC urges UK taxpayers to act this May to avoid daily penalties of £10, capped at £900, for late Self-Assessment tax returns. Additional fines may follow.
Chancellor Rachel Reeves introduces a £20 vehicle tax for older low-emission cars previously in Band A. Owners of pre-2017 cars with emissions under 100g/km now face charges.
Chancellor Rachel Reeves has confirmed a new pay-per-mile tax for certain drivers. EV owners will pay 3p per mile, meaning 10,000 miles costs £300. The tax starts April 2028.
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RecommendedDWP confirms £304 monthly boost for families via Universal Credit child element after scrapping two-child limit from April 2026. Eligible households get automatic increase.
Nationwide members eligible for a £100 Fairer Share Payment must contact the building society by June 8 if they wish to opt out. The payment will arrive by June 30.
Barclays and First Direct are offering switching bonuses of up to £250. Moneyfacts highlights top deals in savings, mortgages, and current accounts this week.
Amazon slashes price on Costway portable air conditioner by 40%. Stay cool with 7000 BTU unit ideal for rooms up to 200 sq ft. Limited time offer.
HMRC has published new advisory fuel rates for diesel cars, effective from June 1, 2026. Drivers face charges ranging from 15p to 26p per mile depending on engine size.
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RecommendedFuel purchases in the UK dropped over 10% in April, the biggest fall in six years, as motorists conserve fuel after March stockpiling, ONS data shows.
Chancellor Rachel Reeves announces VAT reduction on over 100 food items at major supermarkets including Aldi, Asda, Morrisons, Tesco, Sainsbury's, and Lidl to lower living costs.
A new study reveals that Brits now consider being savvy with money a bigger turn-on than being good-looking. Financial responsibility tops the list of attractive traits.
Chancellor Rachel Reeves announces £120 savings for drivers who filled up since 2025, including fuel duty cut extension and increased mileage rates.
Chancellor Rachel Reeves has confirmed the 5p fuel duty rise will not happen, freezing fuel duty for the rest of the year to support families amid rising costs.
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RecommendedA think tank suggests scrapping the state pension triple lock to save £19bn yearly, with savings funding a £30 weekly supplement for low-income pensioners.
Chancellor Rachel Reeves is considering a 20% VAT on airport fees, potentially adding £29 to flights. Critics warn it will hurt families and competitiveness.
Chancellor Rachel Reeves announces a 12-month road tax holiday for HGVs, saving up to £912, and cuts red diesel duty as part of the Great British Summer Savings Scheme.
Chancellor Rachel Reeves' 'Great British Summer Savings' scheme, cutting VAT on attractions, is estimated to cost £300 million, offering discounts of 5% to 20%.
Martin Lewis warns energy bills will rise 13% in July, adding £30-40 for typical households. He says the outlook for October is 'not good news either' due to high gas prices.
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RecommendedNationwide Building Society has announced its 2026 Fairer Share payment, offering eligible customers a £100 boost. Around 4.4 million customers qualify. Find out if you're eligible.
Aldi warns shoppers using loyalty cards at major UK supermarkets are overpaying up to £126 a month compared to Aldi's prices, based on Which? data.
The UK government has scrapped plans for voluntary price caps on staple foods like bread, milk, and eggs at Asda, Sainsbury's, Morrisons, Tesco, Aldi, and Lidl after backlash from retailers and the Bank of England.
Chancellor Rachel Reeves confirms a new £240 annual road tax for electric and plug-in hybrid drivers, starting April 2028, as part of a pay-per-mile system.
Travel expert reveals how UK tourists can save hundreds on holidays by avoiding common booking mistakes like dynamic pricing, airport loyalty, and rigid dates.
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RecommendedChancellor Rachel Reeves announces a new £240 pay-per-mile tax for electric and plug-in hybrid vehicle drivers, starting April 2028. The charge aims to ensure all drivers contribute while maintaining incentives for EV adoption.
Santander announces a £1000 prize draw for savings and current account customers, with entries closing on Sunday, May 24. Winners selected randomly.
Santander urges customers to enter a £1,000 prize draw by Sunday 24 May 2026. The bank also announces new managing directors for its corporate bank.
Chancellor Rachel Reeves cancels the planned 5p fuel duty increase, extending the cut for the rest of the year, saving average drivers £120 since 2025.
Inflation fell to 2.8% in April, but brokers warn borrowers not to expect lower mortgage rates, citing potential fuel crisis impacts from Middle East tensions.
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RecommendedNationwide is set to announce £100 bonus payments for millions of customers on Thursday under its Fairer Share scheme, with automatic payments expected in June.