The capital gains tax allowance in 2024-25 is £3,000, half what it was in 2023-23. This is the amount of profit you can make from an asset this tax year before any tax is payable. If your assets are ...

Millions of taxpayers face paying more income tax due to frozen tax allowances. We explain how income tax is calculated.

Wealthy retirees are buying bigger houses and funding their grandchildren’s school fees to avoid paying Rachel Reeves’s ...

Many crypto investors have seen gains stretching above their capital gains tax allowance making them liable to the taxman.

As a starting point for your calculations, you must work out the difference between what you paid for the assets and what you ...

Frozen tax thresholds and diminishing allowances are pushing more people into higher tax brackets. For example, the ...

Money Makeover: our reader is concerned his personal sacrifices aren’t enough to shield his wealth ...

Britons are paying more to HMRC than ever before and that's set to continue with tax thresholds frozen until 2028.

The tax return deadline is looming and it's likely a large chunk of Britons still haven't submitted their self-assessment forms. Among those will be crypto investors who have seen gains ...

Inflation affects everyone, including the economy and taxes. India's Income Tax Act has provisions to adjust tax liabilities for inflation. These adjustments ensure taxpayers aren't burdened with ...

U.K. investors must be mindful of new self-assessment reporting rules going forward. With Bitcoin reaching an all-time high, ...