Tax Planning

Just over a third (35pc) more people will pay Capital Gains Tax this year compared to last, according to analysis of Government figures by Skandia.

Fidelity FundsNetwork has launched a SIPP By-Pass Trust to help advisers tackle the increasingly complex tax burden faced by their clients.

The IMA has called on the Treasury to update the current outmoded tax system, which it says is restricting UK fund houses from competing on equal terms with their European neighbours.

Standard Life has enhanced its estate planning proposition by allowing mutual fund investments to be held inside the trust wrappers within its Gift Plan.

Advisers need to be aware of the potential inheritance tax liability their clients may incur if they have built up a large portfolio of tax free savings such as PEPs and ISAs, according to Aegon Scottish Equitable.

The 2012 launch of Personal Accounts could trigger penal tax charges for clients who have taken steps to protect their pension savings against the lifetime allowance charge, warns First Actuarial.

Helen Morrissey talks to a panel of experts about the options available to people when they reach retirement

With the general public remaining confused or ignorant about the issue of inheritance tax, the lot often falls to IFAs and product providers to explain or sort it out for their clients. Robert Meyer discusses the issues, and suggests a few solutions to...

Geoffrey Shindler goes through the options available to those looking to mitigate their inheritance tax liability

UK adults were susceptible to over £9.3bn in unnecessary tax payments over the last 12 months, according to the latest TaxAction report from Unbiased.co.uk.