Tax News

The time's fast approaching for employers to file their end-of-year returns with HM Revenue & Customs (HMRC), and the UK's more than 1.7 million employers can now turn to their iPods to cope.

Hundreds of thousands of people continue to suffer hardship because overpayments of tax credits are clawed back.

Gordon Brown’s Budget - almost certain to be his last - was widely trailed as likely to include sweeping changes to many areas of UK taxation.

Chancellor Gordon Brown will need to conjure up something very special on Budget Day if he wants to impress the British electorate. In an online survey of 1,851 Fool.co.uk readers, a staggering 92% of respondents felt they were not getting value for money for their taxes.

New rules making it harder for organised criminals to steal VAT from the UK taxpayer will be introduced on 1 June 2007.

The hot topic of rising house prices is subsiding as Council Tax takes its place as the most talked about financial topic, with almost two thirds of people (65%) saying this is the most talked about issue with family and friends, according to the latest findings from Unbiased.co.uk.

Chancellor Gordon Brown will need to conjure up something very special on Budget Day if he wants to impress the British electorate. In an online survey of 1,851 Fool.co.uk readers, a staggering 92% of respondents felt they were not getting value for money for their taxes.

A mathematical analysis of end-of-year investment options by Charles Stanley shows how a combination of ISAs and pensions plans can provide investors with the most tax-efficient investment portfolios, with pensions offering the greater benefit for higher rate taxpayers.

More than eight in ten (82%) UK adults will waste £7.9 billion in unnecessary tax in 2007, according to Unbiased.co.uk’s fifteenth annual TaxAction report. This is a massive £300 million increase on last year and the highest ever since Unbiased.co.uk’s campaign began.

Recipients of end-of-year bonuses who do not put the cash into their pension pots before the end of the tax year risk losing the opportunity to make the most of their windfalls, according to EBS Management, the pensions arm of Charles Stanley.