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Money questions, answered

Short answers to the questions people ask most, checked against GOV.UK. Each links to a calculator for your own figures.

• Will my pension be taxed when I die?From 6 April 2027, pension savings you haven’t used will count as part of your estate for inheritance tax.
• How much can I put in a cash ISA?Until 5 April 2027 you can put up to £20,000 a year into cash ISAs.
• How much tax do I pay on savings interest?Basic-rate taxpayers can earn £1,000 of interest a year tax-free, higher-rate taxpayers £500 and additional-rate taxpayers nothing.
• Do landlords need Making Tax Digital?Yes, if your rental income and any self-employed income, added together before expenses, was more than £30,000 in the 2025 to 2026 tax year.
• Is there VAT on solar panels?Not until 31 March 2027.
• Is it worth overpaying my student loan?Only if you’re likely to pay it off before it’s written off.
• What is the £100k tax trap?Once your income goes over £100,000, you lose £1 of your £12,570 tax-free personal allowance for every £2 you earn.
• How much is the State Pension?The full new State Pension is £241.30 a week from April 2026, about £12,550 a year.

Last checked: 9 October 2026