Tax Planning

Taxpayers could benefit from the expertise of IFAs to help them avoid paying unnecessary capital gains tax (CGT), according to a new study.

The Balfour estate's successful business property relief (BPR) claim paves the way for all taxpayers to avoid up to 100% of inheritance tax (IHT), says a City law firm.

The tax authorities have failed to convince judges they are owed inheritance tax (IHT) by the late Earl of Balfour.

IFAs must take a tough approach to HMRC's clampdown on tax-planning schemes, write Jonathan Levy and Matthew Greene of law firm Reynolds Porter Chamberlain.

For those who have seen the film Pirates of the Caribbean, or have a passing interest in 17th century buccaneers, the term ‘Living by the Code' should be reasonably familiar.

Robert Gaines-Cooper, the Seychelles-based UK multi-millionaire in a long-running battle with HMRC, has won the right to appeal to the Supreme Court.

Around 15 million people are facing long delays on their tax rebates as a result of HMRC revamping its security system.

Chief information officer Deepak Singh was paid £149,500 by HMRC to work three months beyond his leaving date.

The Government could rescue the tax General Anti-Avoidance Rule (GAAR), which was dismissed by Labour as "unworkable".

Individuals, trustees and personal representatives of deceased persons will be hit by a CGT rise to 28% for higher rate income taxpayers from midnight tonight.