A third of workers to pay higher rate of tax by 2033, says OBR

Former Tory Chancellor Lord Lamont believes increasing the higher rate of tax should be 'a top objective for a Conservative government'

Why miss the chance of tax-free returns as Isas raise their game?

The tax-free limit of £15,000 is a big jump and rates for savers are starting to edge up, writes Simon Read
The number of people coming to Citizens Advice for help with debt created by overpaid tax credit has soared by 14 per cent in the last year

More families fall into debt with HMRC after tax credit overpayment soars

More families are in debt to HMRC through no fault of their own, according to Government data, which shows the proportion of tax credits that were overpaid soared last year.

Money alert: HMRC's tax snatch from your bank account

Plans allowing the taxman to reclaim money directly from people's bank accounts have been attacked this week. HMRC wants powers to take money from any account, including Isas and joint accounts, if they believe someone owes taxes.

The report said: 'Incorrectly collecting money will result in serious detriment to taxpayers.'

Plan to let HMRC take tax debt straight from bank accounts under fire

MPs highlight potential for fraud, error and a back-door reintroduction of the discredited Crown Preference rule

Families are forced into arrears by bedroom tax

Families are struggling to keep up with the widescale changes in the benefit system, with the biggest culprit the so-called bedroom tax, introduced a year ago this week.

It will be Nisa to get a tax-free savings habit soon, but now...

To cheers from savers, Chancellor George Osborne simplified and extended the tax-free savings system in his Budget on Wednesday.

Budget 2014: Tax avoidance - pay the outstanding now, appeal later

People using Jimmy Carr-style schemes will be forced to pay their tax up-front while HMRC and the courts decide whether or not the arrangements are legal, under a host of measures to combat tax avoidance announced today.

It is expected that Chancellor George Osborne will pay for the rise by making more people eligible for the 40p rate

'One million more people pay higher tax' under Coalition

A million more people are being forced to pay the upper 40p income tax rate to fund the Government's ongoing plans to help the lowest paid workers, according to experts.

Chairwoman Margaret Hodge believes the complicated system could easily be manipulated

Why are there are still more than 1,000 tax reliefs in use despite Coalition pledge to simplify the system?

MPs are preparing to launch an investigation into why there are still more than 1,000 tax reliefs used – and possibly abused – in the UK, despite a coalition pledge to simplify the tax system.

A new business - like a coffee shop - doesn't need to register for VAT initially

Consumer rights: Where to go for a helping hand with your cash

Make sure you get good advice on anything from a pension to a home loan, even if you have to pay

It's better to get your tax return done now

Consumer Rights: Time's running out to keep the taxman off your back

The deadline for filing your 2012-13 return is midnight on 31 January, otherwise you'll be fined

'My goldfish died': 10 oddest excuses for late tax returns

HM Revenue and Customs reveals 10 most bizarre excuses for sending in a late return

Money alert: Fines if you miss the January tax deadline

If you pay tax through self-assessment the deadline for online returns for the 2012-13 tax year is midnight on 31 January.

Money
Money
'The things I'd seen weren't unusual in the Army,' said Ady. 'On the outside it was different'
comment
Money
On track for a saving: the £1 deal runs through most of August but you need to book in early July
deals
Money
Money
Money
Readers hope the pensions minister Ros Altmann will keep her pre-power pledges
comment
Money
Head for the sun between 22 and 29 August for the best summer flight deals
deals
Money
Can we really trust online reviews?
Bank computer glitches, dodgy online reviews, alternative savings, and the not-so-good tracker funds
Money
Money
Nationwide Building Society has promised to reward existing loyal customers
Money
Nostalgia ain't what it used to be: an old brand could return and then fall into foreign hands
comment
Money
Simon and Yasmin Le Bon, who married in 1985, would qualify for the deal
deals
Money
Ed Miliband believes it fair that the estimated 116,000 non-doms in the UK should face the same tax demands as less wealthy fellow citizens
Our round-up of some of the interesting and fun money news from the last five days
Money
Jobs and branches go in HSBC cutbacks and the Sex Pistols credit card
Money
The personal finance stories you might have missed 1 to 5 June
Money
It's getting harder to sort out a mortgage
Money
deals
Money
Campaigners are looking to Ros Altmann to keep up the fight now she is the pensions minister
comment
Money
Avoid the resort mini-mart and stick to the supermarkets while on holiday in Europe
deals
Money
The cash flows out: High fees aren’t limited to payday lenders
The personal finance stories you might have missed 25 to 29 May
Financial products from our partners
Property search
On Google+
The Independent
 
The Independent on Google+
i100
i100 on Google+
i Newspaper
 
TheIPaper
The Independent around the web
Have you tried new the Independent Digital Edition apps?
Independent Dating
and  

By clicking 'Search' you
are agreeing to our
Terms of Use.

Property search
iJobs Job Widget
iJobs Money & Business

Recruitment Genius: Customer Service Advisor

£15000 - £16000 per annum: Recruitment Genius: Customer Service Advisors are r...

SThree: Trainee Recruitment Consultant

£20000 - £25000 per annum + OTE £45K: SThree: SThree were established in 1986....

Recruitment Genius: Compliance Manager

£40000 - £60000 per annum: Recruitment Genius: A Compliance Manager is require...

SThree: Talent Acquisition Consultant

£22500 - £27000 per annum + OTE £45K: SThree: Since our inception in 1986, STh...

ES Rentals

    Day In a Page

    A
    Independent Travel
    Pompeii, Capri & the Bay of Naples
    Seven Cities of Italy
    Burgundy, the River Rhone & Provence
    Prague, Budapest and Vienna
    Lake Garda
    Minoan Crete and Santorini
    Prices correct as of 15 May 2015
    Seifeddine Rezgui: What motivated a shy student to kill 38 holidaymakers in Tunisia?

    Making of a killer

    What motivated a shy student to kill 38 holidaymakers in Tunisia?
    UK Heatwave: Temperatures on the tube are going to exceed the legal limit for transporting cattle

    Just when you thought your commute couldn't get any worse...

    Heatwave will see temperatures on the Tube exceed legal limit for transporting cattle
    Exclusive - The Real Stories of Migrant Britain: Swapping Bucharest for London

    The Real Stories of Migrant Britain

    Meet the man who swapped Romania for the UK in a bid to provide for his family, only to discover that the home he left behind wasn't quite what it seemed
    Cheaper energy on the way, but it's not all sunshine and rainbows

    Cheaper energy on the way, but it's not all sunshine and rainbows

    Solar power will help bring down electricity prices over the next five years, according to a new report. But it’s cheap imports of ‘dirty power’ that will lower them the most
    Katy Perry prevented from buying California convent for $14.5m after nuns sell to local businesswoman instead

    No grace of God for Katy Perry as sisters act to stop her buying convent

    Archdiocese sues nuns who turned down star’s $14.5m because they don’t approve of her
    Ajmer: The ancient Indian metropolis chosen to be a 'smart city' where residents would just be happy to have power and running water

    Residents just want water and power in a city chosen to be a ‘smart’ metropolis

    The Indian Government has launched an ambitious plan to transform 100 of its crumbling cities
    Michael Fassbender in 'Macbeth': The Scottish play on film, from Welles to Cheggers

    Something wicked?

    Films of Macbeth don’t always end well - just ask Orson Welles... and Keith Chegwin
    10 best sun creams for body

    10 best sun creams for body

    Make sure you’re protected from head to toe in the heatwave
    Wimbledon 2015: Nick Bollettieri - Milos Raonic has ability to get to the top but he must learn to handle pressure in big games

    Nick Bollettieri's Wimbledon files

    Milos Raonic has ability to get to the top but he must learn to handle pressure in big games
    Women's World Cup 2015: How England's semi-final success could do wonders for both sexes

    There is more than a shiny trophy to be won by England’s World Cup women

    The success of the decidedly non-famous females wearing the Three Lions could do wonders for a ‘man’s game’ riddled with cynicism and greed
    How to stop an asteroid hitting Earth: Would people co-operate to face down a global peril?

    How to stop an asteroid hitting Earth

    Would people cooperate to face a global peril?
    Just one day to find €1.6bn: Greece edges nearer euro exit

    One day to find €1.6bn

    Greece is edging inexorably towards an exit from the euro
    New 'Iron Man' augmented reality technology could help surgeons and firefighters, say scientists

    'Iron Man' augmented reality technology could become reality

    Holographic projections would provide extra information on objects in a person's visual field in real time
    Sugary drinks 'are killing 184,000 adults around the world every year'

    Sugary drinks are killing 184,000 adults around the world every year

    The drinks that should be eliminated from people's diets
    Pride of Place: Historians map out untold LGBT histories of locations throughout UK

    Historians map out untold LGBT histories

    Public are being asked to help improve the map