HMRC Inheritance Tax Penalties Surge: £3,000 Fines for Late Filing
Inheritance tax penalties have risen by a third, with families paying £3m in fines. Late filings can cost up to £3,000. HMRC aims to simplify returns.
Inheritance tax penalties have risen by a third, with families paying £3m in fines. Late filings can cost up to £3,000. HMRC aims to simplify returns.
NS&I has clarified the 'all or part' rule for Premium Bonds, allowing savers to cash in specific bonds. Changes to prize fund rate and odds take effect from July.
Bayern Munich target Marcus Rashford but his £325k weekly wages are a hurdle. Barcelona's Gordon signing leaves Rashford's future uncertain.
HSBC reduces mortgage rates by up to 0.29% and offers £1,500 cashback for first-time buyers, intensifying the mortgage price war among UK lenders.
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RecommendedTottenham's £70m pursuit of Jan Paul van Hecke and free agent signings Andy Robertson and Marcos Senesi cast doubt on Ben Davies' future at the club.
State Pension rates for 2026/27 are now in effect. The New State Pension is up to £241.30 weekly, while the Basic State Pension is up to £184.90. Learn about tax implications and eligibility.
Unpaid carers in North Lanarkshire are encouraged to explore financial support during Carers Week, with improved benefits from Social Security Scotland.
Bank of Scotland announces 12 branch closures from June to October 2026, affecting locations across Scotland as customers shift to digital banking.
Historical Home Responsibilities Protection errors cause most State Pension underpayments. DWP and HMRC continue correction exercise, issuing arrears to affected women.
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RecommendedFIFA will pay Premier League clubs like Manchester United, Arsenal, and Chelsea thousands daily for players at the World Cup. Clubs could earn millions.
BP paid £1.2bn in UK taxes last year, including £422m from the energy profits levy. The oil giant's report comes as Chancellor Reeves plans to close a tax loophole on overseas activities.
Ladbrokes launches a World Cup betting offer with enhanced odds for new customers. Learn how to claim this promotion and boost your wagers.
Avoid costly mistakes with your pension's tax-free cash. We debunk five common myths about the 25% tax-free lump sum, from withdrawal limits to future contributions.
Learn four strategies to minimise tax on pension withdrawals, including using your partner's allowance and ISAs, as the State Pension leaves only £22 of tax-free income.
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RecommendedHMRC has issued 5,200 inheritance tax fines totalling £3.1m to bereaved families, with penalties rising by a third. Experts warn of more complexity from April.
Younger state pensioners under 78 with Tuesday NI numbers receive two DWP payments in June totalling up to £1,930.40. Full details on eligibility and tax.
Nationwide Building Society has confirmed key dates for its £100 Fairer Share payment, with eligible members receiving the bonus between June 10 and June 30, 2026.
NS&I explains the rule allowing savers to cash in specific £1 Premium Bonds, as key changes to prize rates and odds take effect from July.
Thomas Meadows, 73, must repay £18,200 after a pension overpayment error. Hundreds of veterans face similar demands. The MoD says recovery is 'sensitive and proportionate'.
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RecommendedNationwide confirms £100 Fairer Share bonus payments from June 10-30. Learn how to check eligibility and what accounts qualify.
Inter Milan chase Curtis Jones, Nunez eyes Liverpool return, Gakpo swap rumours, Origi retires. Latest Liverpool transfer news in one bite-sized round-up.
An expert warns that the State Pension nearly uses up the personal allowance, leaving only £22 tax-free. Four key tips to minimize pension tax burden.
HMRC inheritance tax penalties have surged by a third, with 5,200 estates fined £3.1m. Fines start at £100 and can reach £3,000. Experts warn of more penalties from April.
JP Morgan Personal Investing offers 10,000 Avios points to new UK customers who invest £500 by July 31, 2026. Points awarded after holding period.
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RecommendedFIFA pays top referees up to $100,000 at the World Cup. With increased pressure and VAR, they deserve every penny. Players earn millions, so why not refs?
Labour writes to Nigel Farage demanding a clear account of a £5m gift from a crypto billionaire, amid scrutiny over property spending and a planning application for a luxury Kent home.
Financial planner Beth Pinsker shares essential documents and conversations to prepare for a parent's death, based on her own experience and her book My Mother's Money.
Venmo users across the US faced major disruptions sending and receiving money on Wednesday evening. The payment app, with 92 million active users, confirmed it is working on a fix. Read the latest updates.
Morningstar research reveals how unanticipated early retirement and long-term care expenses threaten retirement portfolios, impacting withdrawal rates and financial security.
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RecommendedNS&I has lowered Premium Bonds prize rates and odds, prompting state pensioners to reconsider savings as tax advantages diminish for lower-income retirees.