Tax
Tax freedom day falls on 14 May this year
With only 16% of British adults feeling their tax burden is fair, taxpayers can this week raise a bittersweet toast to Tax Freedom Day, the notional point in the calendar year when we stop working for the taxman and start working for ourselves.
Brits wasting £2.2 billion in inheritance tax
UK taxpayers are wasting billions of pounds due to poor IHT planning according to annual research by Unbiased.co.uk, the professional advice website. The research shows that the overall amount of unnecessary inheritance tax payments will total £2.2 billion this year.
Council tax tops table of most hated taxes
Brits resent having to pay council tax as one of their three most resented taxes in 2009, according to new research by Unbiased.co.uk, the professional advice website.
Cost of confusion sees families hit harder by Inheritance Tax
Confusion could be costing British families thousands of pounds according to new research. The study reveals one in five (21%) of those likely to be liable for Inheritance Tax (IHT) have no idea they will have to pay the death duty.
Brits bemoan ‘rising' tax burden but take no action to lighten the load
Ahead of this year's Budget, research from Unbiased.co.uk, the professional advice website, reveals that just 16% of UK adults feel their tax burden is "fair", but four out of five (81%) admit they have done nothing to reduce the amount of tax they pay this year.
Only half of Brits intend to leave an inheritance to their families
16 million Brits believe the recession has reduced the wealth they intend to leave their families, according to a new study from Lincoln Financial Group.
UK’s tax waste mountain grows to a record £10 billion
British taxpayers will waste over £10 billion in unnecessary tax in 2009, according to the latest Tax Action report from Unbiased.co.uk, the professional advice website.
HM Revenue & Customs interest rates
Interest rates charged on late payments and paid on overpayments for corporation tax quarterly instalment payments (QIPs) and also early payments of corporation tax not due by instalments have now been cut, HM Revenue & Customs (HMRC) confirm.
£1 billion cashflow boost to business
Over 60,000 businesses have agreed time to pay tax arrangements with HM Revenue & Customs (HMRC) totalling more than one billion pounds.
Two thirds file tax returns online
A record number of taxpayers filed their self assessment tax returns online this year, HM Revenue & Customs (HMRC) revealed today.
Landlords - don't forget your tax return
Paragon Mortgages, the leading specialist provider of residential mortgages to professional and investor landlords, has urged landlords to ensure that they meet the deadline for filing their tax return.
Parents missing out on childcare cash entitlement
As the recession begins to bite, money worries are amongst the biggest concerns for parents across the UK - yet many remain unaware that they could be entitled to thousands of pounds from the Government to help with childcare costs.
Inefficient giving costs charities nearly £1 billion
UK charities missed out on nearly £1 billion in donations last year - £101 million less than the previous year - as a result of tax-inefficient giving by generous donors.
New initiatives to tackle International tax avoidance
The influence of the global economic downturn on the tax avoidance industry was one of the key issues for leaders of the Joint International Tax Shelter Information Centre (JITSIC) in Kyoto.
UK tax payers waste more on IHT payments than any other tax
UK taxpayers are wasting millions of pounds due to poor IHT planning according to annual research by Unbiased.co.uk, the website promoting the benefits of independent financial advice.