Personal tax

Chancellor shakes up annuity market

Annuity holders will be able to sell their retirement income without incurring a 55% tax charge under plans announced by the Chancellor George Osborne.

New savings rate removes tax on interest

An online calculator has been launched to help people see if they are eligible for the new 0% savings tax rate, the Chancellor has announced.

Pension savers avoid retirement advice

Almost three quarters of over-50s are not currently planning to seek retirement advice after the government's pension reforms are introduced in April, according to research by LV=.

Millions to benefit from marriage tax break

More than 4 million married couples and 15,000 civil partnerships stand to benefit from the Marriage Allowance, according to official government estimates.

Stamp duty reforms benefit homebuyers

More than two thirds of homebuyers in England and Wales will benefit from the stamp duty reforms announced in the Autumn Statement 2014, according to research by Nationwide.

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