The Daily Beacon

Topics: Politics

politics

Does a partner pay Inheritance Tax?

Being married or in a civil partnership is beneficial when it comes to inheritance tax. All gifts left to a spouse or civil partner in a will – or inherit...

Apr 02, 2026 2 Views
politics

Are holiday lets a trading business?

Owners of furnished holiday lets (FHLs) are often surprised at the seemingly incongruous tax rules which apply to their businesses. Whilst for income tax ...

Apr 02, 2026 2 Views
politics

What are final salary benefits?

A defined benefit or DB pension (also known as a final salary pension) is a special type of workplace pension. Instead of building up a pension pot over t...

Apr 02, 2026 2 Views
politics

What is CG in income tax?

Capital Gains Exemption The sale of capital assets may lead to capital gains and these gains may attract tax under the Income Tax Act. The deduction is av...

Apr 02, 2026 2 Views
politics

How long does a p55 refund take?

Tax refunds in the UK can take up to 12 weeks to be processed by HMRC with a further 5 days to 5 weeks added to receive your money. There are a number of ...

Apr 02, 2026 2 Views
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