Personal tax

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.

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

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

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

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

Syndicate content