Tax

Brits lack IHT awareness

Brits are failing to protect their wealth through effective tax planning, according to research from Zurich, the life insurer.

LITRG produces guide for those feeling the pinch

The Low Incomes Tax Reform Group (LITRG) has produced a guide for those who are feeling the pinch in the current economic downturn.

Friday is deadline day for paper tax returns

If you're doing your tax return on paper this year, make sure you send it to HM Revenue & Customs (HMRC) by this Friday, 31 October, or you could face a £100 penalty.

HM Revenue & Customs interest rates

New rates of interest on direct and indirect taxes and national insurance contributions paid late and overpaid are announced today.

SFS warns of perils of non bonafide IHT planning

Skipton Financial Services has warned anyone considering illegal disposal of assets from their estate, following the Government's announcement that HM Revenue & Customs will now be able to take longer than 60 days to potentially challenge an exempt estate for inheritance tax (IHT).

New October deadline looms for tax returns

HM Revenue & Customs (HMRC) is issuing an alert to anyone filing a Self Assessment tax return on paper - submit your return by the end of October, or risk a £100 penalty.

Fight the credit crunch - utilise your tax opportunities

Thousands of people are failing to take steps to reduce their tax bill and help them survive the credit crunch warns insurer NFU Mutual.

IHT planning more crucial than ever

The great bank bail-out and associated issues will have a direct impact on future government IHT planning, inheritance tax planning specialist and wealth manager WAY Fund Managers Ltd warned.

Big changes for tax returns this month

This month sees the biggest change to the Self Assessment tax system since its introduction more than a decade ago - a new 31 October deadline for paper returns.

Rensburg Sheppards IHT AIM portfolio continues to hit the mark

Rensburg Sheppards' Inheritance Tax Planner (RSITP) has maintained its number one position in the latest review of AIM IHT managers by Tax Efficient Review, which covers the first half of the year to 30 June 2008.

Tory IHT promise likely to lead to planning complacency

Inheritance Tax planning specialist and wealth manager WAY Fund Managers Ltd has issued a red alert to households believing they will escape IHT in the event of a Tory government raising the IHT threshold to £2m.

Lincoln launches new Discounted Gift Bond

Lincoln Financial Group announces the launch of its new Discounted Gift Bond. The bond is linked to a Discounted Gift Trust and offers an effective inheritance tax planning solution where settlors can move money out of their estate whilst still retaining an income.