Tax Planning

The highest rate offered on fixed-term five-year cash ISAs is down 10% on last year, from 5% to 4.5%, according to a comparison report released today.

BUDGET 2012

INTEREST RATES

Business secretary Vince Cable has signalled that the Liberal Democrats are willing to scrap the 50p tax rate, in exchange for a "mansion tax" on high value property.

The government must make reforms to improve transparency and clarity around tax on annuities and trivial commutation of pension pots, the Office for Tax Simplification (OTS) has said.

FIVE THINGS

George Osborne is preparing to alter plans to strip some middle income families of child benefit ahead of a House of Commons debate on the issue.

British taxpayers have wasted £88.6bn in tax relief over the last decade, and will waste a further £12.6bn in 2012 alone, a new report suggests.

HMRC has published its final guidance setting out when VAT will be exempt on adviser charging arrangements post RDR. Here are the guidelines in full.

The 50p top rate of tax is damaging the economy and reducing government income, according to a letter signed by more than 500 business leaders.