Related topic: Tax

The measure could raise more than £1bn annually for the Treasury, but has prompted questions about the potential implications for lending activity.

Healey confirmed changes to the pension Triple Lock system from 2030, reiterating that those relying solely on the state pension will not have to pay income tax.

Anyone earning over £1,000 gross must register for Self Assessment by the end of today or face automatic HMRC penalties and potential mortgage delays.

Around a third of a million pensions are being withdrawn at rates of 8% or higher.

Growing CGT and IHT uncertainty is driving wealth plan reviews, according to Rathbones

Those paying at 40% or 45% has risen from just under half a million in 2021/22 to over a million in 2026/27.

The issue relates to the two different ways in which pension tax relief is paid, but industry experts have warned there is a real risk of huge non take-up.

Grant Seaton, head of intermediary lending at Cumberland Building Society, says Making Tax Digital may have been introduced as a change to tax reporting, but its biggest impact could...

Anna Lewis, commercial director at Castle Trust Bank, says advisers who understand Making Tax Digital rules will be better placed to support landlord clients, spot where extra...

An additional 87,000 taxpayers are liable for CGT since 2023/24.