Tax
Take these steps to manage inheritance tax
Inheritance tax (IHT) is a problem for many estates – but good financial advice and planning can cut the amount that goes to the taxman.
Where there’s a will there’s a way
Two in three people in the UK have no will, according to the latest findings from Barclays Wealth.
Reduce IHT Liability with a Discounted Gift & Income Plan
Clerical Medical is launching a new investment guide for advisers to help their clients reduce their inheritance tax (IHT) liability with a Discounted Gift & Income Plan (DGIP).
You don’t have to be rich to face inheritance tax
Many people mistakenly think inheritance tax is solely the preserve of the rich and won’t affect them.
40% Inheritance Tax – That’s a lot to digest!
Skipton Financial Services Limited (SFS) are pleased to announce the launch of another partnership, this time with The Readers Digest.
Standard Life’s Gift Plan celebrates second birthday
Standard Life Assurance Limited’s Gift Plan is celebrating its second birthday.
Axe your tax burden ahead of Tax Freedom Day
With the only two certainties in life being death and taxes, and the inevitable Tax Freedom Day looming on 1st June 2007, Bradford & Bingley reveals that a little careful financial planning can go a long way to reducing the average Briton’s tax burden.
Citizens Advice response to Tax Credit statistics
Katie Lane, Policy officer, Citizens Advice comments: "For the third year running two million families have been overpaid by the tax credits system and we are still seeing thousands of very distressed people suffering hardship and debt as a result.
Improvement to administration vital to meeting targets on child poverty
Commenting on today's publication of official data on tax credits overpayments and underpayments, Child Poverty Action Group's Chief Executive, Kate Green, said: "It is vital that families are paid the right amount at the right time.
New tax repayment form (r40) now available
HM Revenue & Customs (HMRC) has redesigned its R40 'Tax Repayment Form' to make it easier for customers to understand and complete.
AEGON Scottish Equitable asks, when is tax free not tax free?
AEGON Scottish Equitable warns of inheritance tax threat from so called ‘tax free’ savings products.
Almost 60,000 more businesses now eligible for simpler VAT
More businesses across the UK can, from this month, benefit from easier ways to deal with VAT, following changes to one of the schemes aimed at helping small and medium-sized firms to better manage their cashflow.
Employers: Beat the deadline and file now
Employers who haven't yet filed their 2006-07 Annual Return need to do so by 19 May.
Citizens Advice: Response to Tax Credit report
Katie Lane, Policy officer, Citizens Advice: "Thousands of families are still being let down by the tax credit system and urgent change is needed to help those experiencing huge problems.
Improving tax credits system vital to ending child poverty
Commenting on the report published today by the Public Accounts Committee on Tax Credits, Child Poverty Action Group's Chief Executive, Kate Green, said: "The great success of tax credits has been the role they have played in lifting 600,000 children out of poverty. But their administration still needs significant improvement as errors and overpayment recoveries have caused hardship to thousands of families.