If you inherited a property that you then sold for less than the property was valued upon death, you could get a refund for the difference of the Inheritance Tax.
The UK tax year ends on 5 April and so February and March can provide a last-minute chance to save some tax with a bit of careful planning.
Did you know that you will be liable to a 5% penalty in addition to interest charges if your tax is paid more than 30 days late?
What will the Chancellor announce in the Budget 2020? We have put together some key tax areas Rishi Sunak may focus on.
If you are a higher rate tax payer you should Gift Aid any donations you make to charity. You will be providing an additional benefit to the charity and you will also be able to claim tax relief on the payment