Tax Planning

Neil Jones, technical project manager at Canada Life, examines the tax implications of charging fees post 2012.

The Chartered Insurance Institute (CII) gets criticised for everything from focussing too much on insurance brokers to losing exam papers. But when you have a question, who are the people behind the royal charter picking up the phone? Laura Miller finds...

Her Majesty's Revenue and Customs (HMRC) will more than quadruple its income from fines of self-assessment taxpayers after a rule change.

Her Majesty's Revenue and Customs (HMRC) has begun disciplinary procedures against the whistleblower who spoke out over its alleged tax deal with Goldman Sachs.

HM Revenue & Customs (HMRC) has appointed the permanent secretary at the Department of Transport chief executive officer of the service.

The government has proposed relaxing the tax rules on Property Authorised Investment Funds (PAIFs) and REITs in a move which may increase the number of funds in this space.

Inheritance and capital gains tax-free allowances will rise more slowly in future, following a government decision to uncouple them from the retail prices index (RPI) so they rise in line with the lower consumer prices index (CPI).

The Treasury has extended its proposal to introduce a lower rate of inheritance tax (IHT) where people leave a charitable legacy of 10% or more on death.

The Treasury has delayed reform to the statutory residence test while it assesses the wide variety of views it has received from the industry.

The Treasury is expected to close a loophole that allows wealthy individuals to avoid paying stamp duty on expensive property transactions in draft legislation for the Finance Bill today.