News - Tax Planning

Commission calls for single 30% income tax

IFAonline | 21 May 2012 | 13:32

The UK should introduce a single income tax of 30% as part of a radical reform of the taxation system designed to boost economic growth, an influential committee has said.

Tax
budget-2012-george-mashup-extended

RSM Tenon pulls tax products after Budget move

Accountants and advisers RSM Tenon said it will not offer any new tax efficient products through its Specialist Tax Service following the government's anti-avoidance crackdown in the most recent Budget.

IFAonline | 17 May 2012 | 13:20
hmrc-acronyms-alphabetti-spaghetti

HMRC brings 310 more employers into RTI pilot

Her Majesty’s Revenue & Customs (HMRC) has confirmed 310 more employer Pay As You Earn schemes are scheduled to join its real time information pilot.

IFAonline | 09 May 2012 | 11:52

Other News - Tax Planning articles

The headquarters of the European Court of Justice

DFMs not exempt from VAT, says European Court

The European Court of Justice (ECJ) has said discretionary portfolio management should not be exempt from VAT.

IFAonline | 08 May 2012 | 16:00
handshake

AFH launches wealth management venture

IFA and discretionary investment manager AFH Financial Group has entered into a joint venture with South Wales-based chartered accountants Broomfield & Alexander.

IFAonline | 08 May 2012 | 07:30
tax-shakedown

A million 'middle managers' fall into higher rate tax bracket

Almost a million more people will fall into the higher rate tax band due to changes to tax thresholds made by the government, the Daily Telegraph reports.

IFAonline | 02 May 2012 | 07:47
HM Revenue and Customs

HMRC wins court battle to block £117m tax relief scheme

HM Revenue & Customs (HMRC) has won a court battle to stop an investment partnership – which included wealthy football managers among its members – from gaining £117m in tax relief.

IFAonline | 24 Apr 2012 | 07:58
iht

Britons are paying unnecessary £448m in IHT tax

Placing life insurance policies ‘under trust' could save Britons £448m in inheritance tax, according to a new report.

IFAonline | 23 Apr 2012 | 10:58
george-osborne-6

Osborne calls for calm over charities tax plan

Chancellor George Osborne has played down plans to limit tax relief for charitable giving.

IFAonline | 23 Apr 2012 | 07:20
Ed Balls

Labour fails to block 'granny tax' in Commons

Labour has been defeated in its efforts to block controversial plans to freeze age-related income tax allowances for pensioners.

IFAonline | 19 Apr 2012 | 21:00
nick-clegg

Clegg hints at u-turn on charity tax cap

Deputy Prime Minister Nick Clegg has given the clearest indication yet the government will be forced to backtrack on its plans to cap tax-free charitable giving.

IFAonline | 18 Apr 2012 | 10:35
A penny-saving jar for pensions

NS&I savings certificates 'unlikely' to return this year

National Savings & Investments (NS&I) has announced it "does not expect" to reintroduce its popular Index-linked Savings Certificates in the current financial year.

IFAonline | 18 Apr 2012 | 08:20
Bank of England artwork

QE and low base rate 'penalising' retirees, say MPs

The government's "loose" monetary policy of quantitative easing (QE) and low interest rates is diminshing retirees' income, a report by MPs concludes.

IFAonline | 18 Apr 2012 | 07:30

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