Personal tax

Retired households face an average annual tax bill of £6,500, research by Prudential has found.

Up to 3,000 families may miss out on the government's proposed changes to inheritance tax, according to analysis by NFU Mutual.

The state pension will be the only source of income for 15% of people retiring this year, research by Prudential has revealed.

Traditional ways of passing on inheritance could be 'dying out', a report by HSBC has suggested.

There is a lack of a coherent strategy across the taxation plans of the main political parties that would further complicate the tax system, the Institute for Fiscal Studies (IFS) has said.

Syndicate content