This is Money Podcast

By: This is Money
  • Summary

  • What you need to know about money each week and what the news means for you, from the UK's best financial website.
    Show more Show less
activate_WEBCRO358_DT_T2
Episodes
  • The way to beat inheritance tax (but what's the catch?)
    Sep 6 2024
    Inheritance tax- punches above it s weight. It is paid by only a small minority of estates, yet manages to be Britain's most hated tax and its most controversial.

    Some believe it's immoral double taxation and should be axed altogether, others say crank it up - and somewhere in the middle there are many people who feel that taking 40 per cent is just too much.

    But it's also a tax that even those with an expensive home and plenty of savings can generally avoid if they choose, by spending more and giving more away in their lifetime.

    The problem is that they need to survive seven years or they may get caught by some very outdated gifting allowances.

    Yet, there is a little-known loophole that allows people to give away considerably more without worrying about the seven-year rule.

    On this podcast, Georgie Frost, Lee Boyce, Simon Lambert look at inheritance tax and the surplus income rule.

    They discuss this trick to beat death duties and the catches it comes with and all the other rules surrounding IHT.

    Also on this week's show: noisy heat pumps, the British Isa meets its maker and our failure to support the high streets that we moan about dying.




    Show more Show less
    57 mins
  • Could you get hit by a Labour tax raid?
    Aug 31 2024
    A bad news Budget looks to be on the cards after Labour continued to pour cold water on optimism its own election victory this week.

    Prime Minister Keir Starmer delivered a gloomy speech saying the Budget was going to be painful, hot on the heels of Chancellor Rachel Reeves' own gloom-mongering.

    But having made a promise not to raise the rates of income tax, national insurance, VAT and corporation tax, where will the goverenment try to raise cash.

    Starmer said tax rises would target those with the 'broadest shoulders' but who are they - and are there really enough of the very wealthy to target or will the burden be more likely to fall once again on those in the rich middle.

    On this podcast, we look at what taxes could rise and what a capital gains tax, pension, inheritance or other raid could mean for people.

    Plus, Britain's biggest mortgage lender Halifax is upping what it will lend first-time buyers, Crane goes on the case of an Evri bungle and asks shouldn't you be within your rights to expect a parcel to arrive?

    And finally, with the Oasis ticket scramble in full effect and ticket prices sky high, can you protect against a potential Gallagher brother blow up or anything else that would stop you going? (If that is you can get tickets in the first place, of course).

    Show more Show less
    1 hr
  • Gold price hits record high - should you invest in the precious metal?
    Aug 23 2024
    Gold has hit record highs this week and has rocketed so far this year. What’s driving the price and how do you invest?

    This week, Tanya Jefferies, Georgie Frost and Lee Boyce turn their attention to the precious metal – a notoriously volatile investment, but yet seen as a safe haven.

    Energy bills will be back on the up, with the new Ofgem price cap announced for October. Is it worth fixing before the hike comes in?

    And one in four are expected to struggle this winter with their energy bills – just as the new Winter Fuel Payment is taken away for millions of households.

    We bust some myths on inherited state pension and ask how DWP can be dishing out incorrect information and also question whether annuity deals have peaked.

    Plus we run the rule over two juicy reader questions. Firstly, what are your rights if you drunkenly lend money to a friend?

    Secondly, what can you do about a property next door being converted into an HMO with six students?

    Show more Show less
    43 mins

What listeners say about This is Money Podcast

Average customer ratings

Reviews - Please select the tabs below to change the source of reviews.