Personal tax

Bank of Mum and Dad ‘worried about financial knowledge’

76% of parents find gifting rules complicated.

Inheritance tax receipts rise to £5.2bn

Receipts have increased 10% a year since 2009.

Stamp duty break saves first-time buyers £284m

Around 121,500 buyers benefitted from the tax break.

How would you spend a windfall?

Know your options if you come into cash.

People urged to renew tax credits

‘Renew tax credits online to avoid losing payments’, HMRC says.

Managing summer childcare costs

Take the stress out of arranging holiday childcare with government support.

Parents urged to take up tax-free childcare

31% parents feel stressed arranging childcare for the holidays.

The inheritance dilemma: to bequeath or spend?

Most retirees choose to bequeath wealth rather than spend.

The process for receiving inheritance

Half of people expect inheritance windfall in 6 months.

1 in 3 expect 6-month wait for inheritance

Processing probate takes 11 months on average.

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