Personal tax

Bank of Mum and Dad ‘worried about financial knowledge’

76% of parents find gifting rules complicated.

Most workers favour flexible retirement

264,000 people take up pension freedoms in Q2 2018.

Inheritance tax receipts rise to £5.2bn

Receipts have increased 10% a year since 2009.

Stamp duty break saves first-time buyers £284m

Around 121,500 buyers benefitted from the tax break.

MPs call for end to Lifetime ISA

Treasury committee criticises “complex” savings product.

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