Tax Planning

More than 2,000 extra tax inspectors will be recruited to crack down on tax evasion among the UK's most wealthy, chief secretary to the Treasury Danny Alexander has said.

Scrapping the 50p top rate of income tax would be "morally repugnant" and "economically witless", Liberal Democrat president Tim Farron told his party's conference in Birmingham.

AXA Wealth's Brian Murphy looks at the implications of the recent HMRC consultation on inheritance tax for people who leave a charitable legacy in their will.

Energy and Climate Change Secretary Chris Huhne has added to coalition tensions over the future of the 50p top rate of income tax with a warning to Tories against 'helping their friends in the City'.

A former Labour Treasury minister today urged her party to drop its support for the 50p tax rate.

Downing Street has rejected calls from a group of prominent economists to drop the 50p tax rate as soon as possible, although it has continued to insist it is only a temporary measure.

Capital Economics' Roger Bootle is among 20 of the UK's leading economists urging the coalition to drop the 50p tax rate, calling the top levy a "self-defeating" way for the Treasury to raise money because it risks driving away the nation's wealth creators...

Entrepreneur Ivan Massow, fresh from launching his new venture which aims to refund 'unearned' trail commission to retail customers, said he is confident the process does not fall foul of HMRC tax rules where it involves pension plans.

HMRC is stepping up a campaign to target the super-rich by targeting people using overseas companies or trusts to hide property deals.

You may face a more inquisitive client this week after the Observer took a closer look at what asset management reports say...and what they really mean.