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What to do with a windfall

Whether it’s an inheritance or a lotto win, he says, “there will be a lot of emotions at play.” Not every windfall is a life-changing amount, but even a small payout can make a difference. Here’s a ...
Prince Harry must ‘face the consequences’ William warns, as the Royal Family continue to battle scandal. Read more on Closer Online.
How the bank of mum and dad can help fund property dreams without compromising retirement security or risking family assets.
Different types of windfalls get different tax treatment. You might not owe taxes on a cash inheritance or a life insurance ...
It’s the time of year where money experts start making forecasts for 2026. It’s fun to do, but should be taken with a major ...
Cash is an easy and quick present to give over Christmas – and it could protect some of your estate from the taxman down the ...
Once total realised gains go beyond £3,000, the excess is taxable. For shares and funds, gains above the allowance are taxed at 18 per cent if you are a basic rate taxpayer and 24 per cent if you are ...
Key Points About This Article Landing a big inheritance is fantastic news, but one person from Reddit hesitates to tell their ...
However, when you're gifting cash, you'll have to keep HMRC in the back of your mind as you could risk your family facing an ...
Martin Lewis has explained the tax implications of ISAs, as they can be subject to a 40 percent HMRC levy. The financial ...
Martin Lewis has clarified the rules around tax on ISAs as they can be subject to a 40 percent HMRC levy. The financial ...
I was recently corresponding with an 88-year-old reader who had decided to hire a financial advisor. After years of ...