Tax Planning

A possible amendment to the Finance Bill could allow married couples to share their tax free allowances to help cut their tax bill.

The Liberal Democrats are demanding a 'supertax' on thousands of homes as the price of agreeing to scrap the 50p top rate of income tax.

The Treasury's proposed statutory residency test is a welcome improvement to the current "chaos" but it may still provide room for fraud, accountants Baker Tilly has said.

The Treasury is proposing to strictly define who is an ordinary British resident for tax purposes, as part of reforms announced in the Budget.

The Treasury has proposed a new system of testing statutory residency in a bid to tighten tax rules on those who work or live abroad.

Her Majesty's Revenue and Customs (HMRC) will use web-robots to catch businesses which earn more than £73,000 per year but have not registered for VAT.

Baker Tilly's Gary Heynes and Edward Emblem on the tax implications of owning a property in Spain.

HM Revenue & Customs (HMRC) launched 9,368 investigations into inheritance tax valuations last year and is targeting estates and beneficiaries, warns accountancy firm UHY Hacker Young.

Risky tax avoidance schemes could be listed and their users forced to pay disputed tax upfront under proposals by Her Majesty's Revenue and Customs (HMRC).

When there is a flurry of tax reform, as there has been in the past year, some things tend to get lost in all the activity. This little gem had almost escaped notice.