The Adam Smith Institute found each of these millionaires would have been paying at least £393,957 in income tax.

What factors contribute to ethnic gaps in private pension participation rates, and how might these gaps impact future ...

The highest amount of extra income uncovered was £145.37 a week due to a couple in their mid-70s living in Suffolk. Although ...

As the self-assessment deadline looms, HMRC has issued an urgent call for taxpayers with foreign income to act now to avoid ...

People building up their savings have been urged to read up on an important tax-free limit to avoid a bill from HMRC. You can ...

The Office for Budget Responsibility has published figures estimating freezes to the income tax personal allowance and higher ...

Vodafone had requested a return of prepaid taxes, including advance tax and tax deducted at source, plus interest totalling ...

In the UK, company car tax is decided by a vehicle’s emissions, its value and your personal income tax rate. Every car has a BIK tax banding percentage, which is based on the CO2 emissions it ...

As is the case every year, the draft budget will include a list of savings proposals as well as the proposed council tax increase. Councils such as Stoke-on-Trent which provide social care will be ...

with an above-average and growing income compared to the income produced by UK equity markets (as defined by the FTSE All Share Index) without sacrificing the benefits of capital growth (i.e. the ...

Marko Geber / Getty Images Yes, you can lower your taxable income and your tax bill by opening and contributing to an individual retirement account (IRA). But it depends, first and foremost ...