Tax
CTC continues to offer a proven IHT mitigation product
The Close Trading Companies (CTC) team at Close Investments, believe that investors are continuing to seek proven methods to mitigate their IHT allowance.
Tax Freedom Day falls on 2nd June
UK taxpayers will celebrate a special day - Tax Freedom Day, the day which marks the theoretical point in the year at which we stop working for the government and start working for ourselves. It falls on the 2nd June this year, which is one day earlier than last year.
Scottish Life International draft trusts remain beneficial
Scottish Life International has evaluated its range of draft trusts and is pleased to announce that they remain appropriate in the post budget environment.
Darling, we need to talk, about tax
With the removal of the 10pc tax band high on the government agenda, new research from Unbiased.co.uk, the Find an Independent Financial Adviser search, shows that there are taxation issues that Brits would like to bring to the Chancellor's attention.
Employers urged to beat may deadline
HM Revenue & Customs (HMRC) is urging employers to file their PAYE end-of-year returns by the 19th May deadline, or they could face a penalty.
TISA welcomes Bok Bond choice in tax incentivised investments
TISA welcomes the Government's announcement today that the Bond Exchange of South Africa has been designated as a ‘Recognised Stock Exchange' by Order of the Commissioner for HMRC.
Take advice or lose new inheritance tax benefits
AXA Wealth Management warns that many couples could lose the benefits of the new transferable nil rate tax bands for inheritance tax, if the new rules are not fully explained.
UK cash in hand payments top £6.6 billion
UK adults fuelled a black economy worth over £6.6 billion over the past year, according to the latest TaxAction report from Unbiased.co.uk.
See how easy it is to file your employer return online
Employers can see for themselves just how easy it is to file their end-of-year return online, in a new video podcast from HM Revenue & Customs (HMRC).
Tax return gets a new look for Spring
Millions of new look tax returns will be dropping onto doormats from this week, following a revamp of the main self assessment (SA) tax return.
Child Poverty can be eradicated if we stop the poor paying more
Commenting on the new Joseph Rowntree Foundation report, 'The impact of benefit and tax uprating on incomes and poverty', Child Poverty Action Group's Head of Policy, Paul Dornan, said:
Calls on Government to address the needs of the working poor
In response to today’s report from the Treasury Select Committee, the National Consumer Council calls on the Government to address the needs of the UK’s five million working poor who will be penalised by the abolition of the 10p tax rate.
UK’s tax waste mountain grows to £9.3 billion
UK adults will waste almost £9.3 billion in unnecessary tax in 2008, according to the latest TaxAction report from Unbiased.co.uk.
Standard Life welcomes 30-fold increase to IHT reporting limit
Standard Life has welcomed the publication of new IHT regulations which will greatly simplify the compliance and reporting involved for many lifetime gifts.
Charities set to lose over £90m a year when Income Tax drops
Charities are bracing themselves for a major drop in funding when income tax is lowered to twenty pence in the pound next month (6th April 2008).