Tax Planning

The taxman handed out a record one and a half million fines to late filers this year, with penalties up 56% in just five years, according to a Freedom of Information request.

Today's tax deal between the UK and Switzerland, designed to recoup £7bn from Brits with funds in Swiss bank accounts, is "unrealistic", according to accountants Baker Tilly.

In the latest Interactive Financial Adviser debate, our panellists from Berkeley Law and Legal & General discussed Tax Planning.

The Post Office has launched the third issue of its popular Inflation-Linked savings bond.

Chancellor George Osborne has signaled he is unlikely to cut taxes before the next election as the world economy faces a crisis "at least as serious" as the 2008 banking collapse.

Private equity firms and businesses deemed to be "asset strippers" will face higher taxes under a Labour government, Ed Miliband will warn today, under plans to judge firms on how they make money.

Capital gains tax (CGT) makes up a significant portion of the tax paid unnecessarily by consumers each year, research suggests.

Scottish Widows has lost a case against Her Majesty's Revenue and Customs (HMRC) in the Supreme Court.

HM Revenue and Customs (HMRC) is slowly narrowing what it calls the 'tax gap' - the amount of tax that goes uncollected each year - but it is still falling some £35bn short, according to the latest figures.

Brian Murphy addresses the changes and potential impact of HM Treasury's recent review of UK residency status.