Tax Planning

Her Majesty's Revenue and Customs (HMRC) has today launched a helpline for businesses and individuals affected by the recent riots to help them meet their tax demands.

The government could scrap the 50p top rate of income tax within the next two years - possibly replacing it with a 45p rate - according to reports.

Danny Alexander, the chief secretary to the Treasury, has ruled out cutting the top rate of tax, after former Tory chancellor Lord Lamont called for tax cuts over the weekend.

The chairman of HM Revenue & Customs(HMRC) has apologised for the treatment of taxpayers after the service was attacked by MPs.

Paul Thompson, tax & estate planning consultant at Canada Life, examines the normal expenditure out of income exemption.

The Government today issued a call for evidence as part of considerations to simplify the way it deals with income tax and National Insurance contributions (NICs).

The Office of Tax Simplification (OTS) will examine pensioner taxation in a new review announced today.

Her Majesty's Revenue and Customs (HMRC) has launched a consultation on how to tackle tax avoidance via unauthorized unit trusts (UUTs).

A mother of six has been jailed for fraudulently claiming tax credits for nine fictitious children following an investigation by HM Revenue & Customs (HMRC).

Her Majesty's Revenue and Customs (HMRC) will write to 4.7 million taxpayers later this year to tell them they have over or underpaid their income tax for 2010/11.