Tax Planning

Her Majesty's Revenue and Customs (HMRC) is facing calls to investigate London mayoral candidate Ken Livingstone.

Well, it's that time of year again as we all wait for the fall-out from the forthcoming Budget.

With the Chancellor seemingly just as likely to speak to the press as to policymakers in the build-up to a Budget, we round some of this week's likely measures...

The Chancellor, George Osborne, is set to make a cut to the top rate of income tax his headline measure in next week's Budget, as the Liberal Democrats have eased their opposition to the move in exchange for other concessions.

Employee-owned companies such as the John Lewis department store could be given capital gains tax (CGT) breaks, under plans being drawn up by deputy Prime Minister Nick Clegg.

Brian Murphy, financial planning manager at AXA Wealth, reveals the action the tax authority is taking to combat evasion and bridge the tax gap.

Clients who run a family business may be affected under controversial child benefit cuts set to be outlined in next week's Budget, according to accountants Baker Tilly.

The government has legislated to prevent a tax avoidance scheme involving the use of fake property businesses.

The Chancellor George Osborne is to set out a plan to reduce corporation tax to 20% in next week's Budget.

The pick of this week's articles on IFAonline...