Tax Planning

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.

Advisers unable to evidence that a VAT exempt transaction has taken place will be charged at the standard rate, final HMRC guidance states.

The government has introduced new legislation to prevent the use of two aggressive tax avoidance schemes used by Barclays.

Her Majesty's Revenue and Customs (HMRC) will review all cases relating to tax disputes worth over £100m following a damning report from MPs.

Her Majesty's Revenue and Customs (HMRC) plans to create 30 taskforces to tackle tax evasion by the end of 2012/13.

Advisers have been urged to remind clients they could shelter more than £58,000 from the taxman this ISA season.

Conservative MPs have threatened to strike down the Budget if the government does not reconsider child benefit reform.