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Tax News Updates
June 2026
- From April 2026, MTD for Income Tax came into force for sole traders and landlords who had gross income over £50,000 in the previous tax year....
Read more - At the time of its request, a Freedom of Information request has shown that HMRC rejected 47% of applications for exemption from the MTD for Income...
Read more - From April 2027, unused defined contribution (DC) pensions will be counted as part of a person's estate for inheritance tax (IHT)....
Read more - The Chancellor reduced income tax relief on Venture Capital Trusts (VCTs) from 30% to 20%, effective 6 April 2026. ...
Read more - Q: I retired last year but have since taken on a part-time job. My defined benefit pension uses up my Personal Allowance, so how much tax will I have...
Read more - 1st: Corporation Tax payments are due for companies with a year-end of 31st August....
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BBC Main News
- Brexit won't affect Budget plans to 'end' austerity, says No 10
Read more - Special 50p coin expected to mark Brexit
Read more - Car sales drop leaves borrowing growth rate at three-year low
Read more - Plastic waste elimination pledge by 2025 attracts more big firms
Read more - Sir Philip Green: 'There was only banter'
Read more
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"Your Money" News
Channel Title: Personal Finance
- Bank of Mum and Dad rises to ninth-biggest lender
Read more Help from relatives in buying homes soars 30% as prices keep climbing - Cashing in on stage and screen: an investor?s guide
Read more For all its glitz and glamour, it can be hard to profit from entertainment - Invest in the UK?s ideas factory
Read more Pension restrictions and buy-to-let curbs give VCTs a new lease of life - Tax-free pension savings curb shelved
Read more £4,000 limit for over-55s who access savings is not valid, say legal experts - It doesn?t pay to cheat on a child?s car insurance
Read more Thousands of parents commit fraud by ?fronting?
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