Martin Lewis clarifies ISA inheritance and tax rules
Money expert Martin Lewis explains the 'additional allowance' for spouses inheriting ISAs and warns of a potential 40% inheritance tax hit. Essential UK personal finance reading.
Category : Search result: lifetime allowance
Martin Lewis' LISA Advice for First-Time Buyers
Martin Lewis gives his verdict on Lifetime ISAs after the Budget consultation. Should you keep paying in? We explain the rules, penalties, and property price cap.
Michael Caine retires for fourth time at 92
Screen legend Michael Caine, 92, appears to call time on his acting career once more while accepting a lifetime achievement award in Jeddah. Discover his heartfelt reflections on family, luck, and a life in cinema.
Larry Summers banned for life over Epstein ties
Former US Treasury Secretary Larry Summers receives a lifetime ban from the American Economic Association following the release of emails showing his friendly ties to Jeffrey Epstein. Discover the full story and its repercussions.
Martin Lewis clarifies 2027 ISA rule changes
Money expert Martin Lewis details the 2027 cash ISA limit cut to £12,000, tax rate rises, and why a popular workaround won't work. Plan your savings now.
Martin Lewis: Key ISA change 'isn't as bad as feared'
Money expert Martin Lewis breaks down the 2025 Budget's impact on your savings. Discover the crucial ISA changes coming in 2027 and what they mean for you. Read the full analysis now.
Budget 2025: Impact on First-Time Buyers
Financial expert Vicky Parry analyses how the November 2025 Budget affects first-time buyers. Discover the changes to ISAs, Lifetime ISAs, and tax rules impacting your deposit.
Married couples can claim £1,258 tax break
Eligible married couples can claim up to £1,258 via the Marriage Tax Allowance. Learn how to reduce your tax bill and claim for the past four years.
Lifetime ISA Shake-Up Confirmed in Budget
The government has announced a consultation to potentially scrap the Lifetime ISA in 2026, a major update for first-time buyers saving for a home. Discover what this means for you.
Cash ISA Cut: Protect Your Savings from 2027
Chancellor Rachel Reeves confirms Cash ISA allowance will drop from £20,000 to £12,000 for under-65s from 2027. Discover expert tips to shield your savings from tax and maximise your returns.
Martin Lewis Predicts Lifetime ISA Changes
Martin Lewis forecasts potential reforms to the Lifetime ISA in the Autumn Budget, including a higher property price threshold and penalty changes for first-time buyers.
Bob Geldof Honoured with Lifetime Achievement Award
Rockstar and activist Bob Geldof is set to receive the Lifetime Achievement prize at the Rolling Stone UK Awards, celebrating his music and humanitarian work with Band Aid.
Lifetime ISA penalties cost Brits over £100m
Exclusive: Brits paid £102m in Lifetime ISA penalties last year as the £450k property cap traps first-time buyers. Chancellor Rachel Reeves urged to reform scheme before autumn Budget.
HMRC fines 130,000 over Lifetime ISA rules
New data reveals over 129,000 savers hit with average penalties exceeding £13,500 for breaching Lifetime ISA cash withdrawal rules. Discover how to avoid the hefty charges.
LISA users hit with £102m in withdrawal penalties
First-time buyers face £13,500 fines for breaking Lifetime ISA rules. Average penalty hits £790 as HMRC collects £102m. Learn how to avoid costly mistakes.
Brits' Lifetime Tea Cost Revealed: A £6,622 Brew
Research reveals the average Briton drinks 62,046 cups of tea in a lifetime, costing just £6,622. Discover the breakdown of this national habit and how to save on your brew.
HMRC's 8-Week Rule for Marriage Allowance Explained
HMRC reveals crucial details about the 8-week rule for marriage allowance claims - learn how to secure up to £252 tax relief and avoid common pitfalls.
Helen Mirren wins Golden Globe Lifetime Achievement Award
Acclaimed British acting legend Dame Helen Mirren is set to receive the prestigious Cecil B. DeMille Award at the 2025 Golden Globes, celebrating her extraordinary six-decade career.
Hollinghurst wins David Cohen Lifetime Achievement Award
Celebrated British novelist Alan Hollinghurst receives the distinguished David Cohen Prize for Literature, recognising his exceptional contribution to English literature over four decades.
Vera Wang, 75, receives CFDA lifetime honour
Fashion icon Vera Wang receives the prestigious Geoffrey Beene Lifetime Achievement Award from the CFDA, celebrating her remarkable 75-year journey and enduring influence on the industry.
UK Families Face £1.1M Lifetime Tax Burden Under Labour
Exclusive analysis reveals the crushing lifetime tax burden awaiting British families as Rachel Reeves faces scrutiny over Labour's fiscal plans and economic transparency.
Pensioners: Claim Your £600 Winter Heating Payment
Elderly Britons receiving certain benefits may qualify for significant winter heating payments worth up to £600. Discover if you're eligible for this crucial financial support.
HMRC: £2,240 Tax Refund Unclaimed - Check Eligibility
Millions of UK taxpayers could be owed substantial refunds as HMRC reveals thousands haven't claimed marriage tax allowance. Discover if you're eligible for this little-known benefit.
Tax threshold freeze could raise £12bn, hitting millions
A leading thinktank reveals extending the income tax threshold freeze until 2028 could generate £12bn for the Treasury while hitting workers with stealth tax rises as inflation pushes salaries into higher brackets.
NBA star banned for life in gambling scandal
Toronto Raptors centre Jontay Porter receives lifetime ban from NBA after investigation reveals he shared confidential information with gamblers and deliberately underperformed to manipulate betting markets.
PIP Payments Simplified: 2024 Rates & Eligibility Guide
Everything you need to know about the updated Personal Independence Payment rates for 2024, including simplified eligibility criteria and how to navigate the assessment process successfully.
Motability users get £3,000 payments with warning
Thousands of disabled drivers using the Motability scheme could receive unexpected £3,000 payments, but experts warn this might signal upcoming financial challenges for the programme.
Rachel Reeves reviews Lifetime ISA for budget reforms
Chancellor Rachel Reeves is reportedly reviewing the controversial Lifetime ISA scheme, with potential reforms to help first-time buyers and savers navigate the property market.
Kelly Osbourne's tearful tribute to father Ozzy
Kelly Osbourne delivered a tearful, moving tribute to her legendary father Ozzy while accepting a Lifetime Achievement Award on his behalf in a deeply emotional moment that captivated attendees.
Davey: Halt penalties for unpaid carers in benefits scandal
Sir Ed Davey calls for emergency suspension of penalties hitting unpaid carers as DWP admits systemic errors affecting thousands across Britain.
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