Latest Tax News
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Tax relief on pensions boosted
This week's mini-Budget has pushed 150,000 people into the 40 per cent tax band, with some unintended consequences
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Make it less of a blow when you're told to go
With 40,000 jobs being cut in the City, employees are being advised to scrutinise their contracts, and negotiate the best package possible
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Trusts still have a useful role to play
There has debate over the future of discretionary will trusts, now that inheritance tax allowances can be transferred between married couples and civil partners. But some advisers say they still have their uses
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Does your 10-year-old have £50k?
Some disciplined savers could have accumulated tax-free cash Isa balances totalling as much as £50,000
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Last minute tax planning can still save investors a hefty bill
With the end of the tax year now just days away, investors should brace themselves for a barrage of last-minute appeals to "use or lose" their Isa and other tax-saving allowances.
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Pressure goes up as Isa landscape changes for good
Investors looking to use up the last of their savings tax allowance are reaping the rewards of a more competitive Isa season this year.
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Rock solid for savers
Newly-nationalised Northern Rock could be set to add to already intense competition for savers.
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Darling adopts a softer stance on taxing non-doms
Chancellor Alistair Darling offered a handful of concessions to "non-domiciled" UK residents as part of his maiden Budget address, by softening some of the proposed requirements on their taxation.
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Its all about timing and doubling up
The end of the tax year is just three weeks away, but individuals are still being encouraged to "max out" their tax-free contributions to self-invested personal pensions
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Asset holders rush to beat deadline on capital gains
Alastair Darling has sparked a final rush to beat the April 5 deadline before the new capital gains tax regime takes effect
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Film incentives reach the end of the reel
The Revenue has slammed the door once and for all on tax schemes that allowed private investors to reduce their income tax bill through investment in film.
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Tidy your books or the taxman will clean up
Sloppy accounting habits need to be tidied up, say tax experts, as the government's campaign against tax avoidance steps up a gear.
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BUDGET 2008: Rewards for the virtuous and the elderly
Non-drinking, non-smoking, non-driving pensioners who carry wicker baskets to the shops appear to be the winners in a Budget that was heavy on indirect "sin" and green taxes. But the measures announced on income tax, National Insurance (NI) and stamp duty were light enough for the chancellor to have swapped his despatch box for a now potentially taxable plastic bag.
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Buy-to-let market heads right back to its foundations
Property investors who fear that returns from the traditional buy-to-let market are evaporating may be able to access off-plan rental accommodation through "build-to-let" schemes.
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Budget unlikely to offer many giveaways
Alastair Darling's first Budget could hit high earners with increased National Insurance contributions and bigger stamp duty bills on high-value homes
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From The Financial Times
