Tax
Make collective investments less taxing
With the recent Pre-Budget Report shifting the spotlight onto the use of appropriate tax wrappers and collectives, Fidelity FundsNetwork is highlighting a package of developments it has put together to assist advisers and their clients when making collective investments.
272,000 employee shareholders could face increased CGT bill
ifs ProShare, the not-for-profit organisation that supports employee share ownership, today met with Treasury officials to express the views of the employee share plans industry, to provide evidence of the negative impact that capital gains tax (CGT) changes may have on many hardworking employees and to discuss possible solutions.
Independent research puts Rensburg Sheppards on top
The Inheritance Tax Planner portfolio service from Rensburg Sheppards has beaten 21 other providers for performance and service to claim first place, according to a new research report conducted by the Tax Efficient Review.
More people being caught by IHT due to rising house prices
The average detached house price in Greater London is now £588,604. It is therefore easy to see why the Conservatives feel that this tax is unfair and why they are advocating that the threshold should be increased from £300,000 to £1,000,000.
Britons still not waking up to IHT alarm bells
Alarming numbers of Britons are continuing to ignore high-profile media campaigns urging them to mitigate against Inheritance Tax (IHT), a blunder that could result in their grieving families receiving a hefty upfront bill from the taxman when they try to claim their inheritance.
James Hay: Proposed inheritance tax reforms
Liz Henderson of James Hay’s Technical Unit comments on the proposed inheritance tax reforms announced by the Conservative Party.
London base for international drive against tax avoidance
The Joint International Tax Shelter Information Centre (JITSIC) is an international initiative to identify and curb tax avoidance and shelters and those who promote and invest in them.
Back to school with tax credits
With the kids back at school, and college and university courses starting soon, parents receiving tax credits are being reminded that they need to let HMRC know of any changes in their circumstances.
Zurich sponsors IHT planning tool
Zurich has sponsored a new handbook on Inheritance Tax and Estate Planning entitled “Inheritance Tax Simplified”.
New HMRC Podcasts go live
An honest assessment of HMRC online services, and responses to agents' questions, can be heard in the latest HMRC podcasts, launched today.
2006-2007 tax return deadline looms
With less than a month to go before the 30th September tax return deadline, which allows you to have your tax bill calculated for you, IMA has produced a free guide:
Interest rates rise for Employee Share Schemes
ifs ProShare has welcomed the Treasury’s decision to increase the interest rates payable on Save As You Earn (SAYE) Sharesave Schemes.
James Hay: Proposed inheritance tax reforms
Graeme Robb of James Hay’s Technical Unit comments on the proposed inheritance tax reforms announced by the Conservative Party.
Standard Life: “Freeing Britain to Compete” IHT proposals
On 17 August 2007 the Economic Competitiveness Policy Group (ECPG) published its 211 page report looking at equipping the UK for globalisation.
AEGON: Conservatives’ proposals to abolish IHT
AEGON’S technical manager, Margaret Jago comments: “In 2002 the number of people with estates over the IHT threshold was around two million.