Tax Planning

Glen Stewart offers a step-by-step guide to minimising inheritance tax

The continued cut to the amount people can save in their pension pots before a tax charge applies could incentivise people to invest in higher risk products, an adviser has said.

The government has announced a number of changes to the tax it collects from UK-based businesses, including financial advisers.

The government has raised the amount people can earn before they pay income tax, and increased the threshold at which people pay the higher rate of income tax.

The government will scrutinise the use of legal loopholes that help people avoid inheritance tax (IHT), Chancellor George Osborne has said.

Live coverage from Chancellor George Osborne's final Budget of the current government. Join us from 12:30 for news and analysis of the key points effecting you and your clients.

The Chancellor George Osborne will announce in today's Budget he plans to scrap the annual tax return, replacing it with a single ‘digital' tax account.

Parents would be able to pass a main property worth up to £1m to their children without paying any inheritance tax (IHT), under plans in Treasury papers leaked ahead of Wednesday's budget.

HSBC is closing all accounts on Jersey belonging to customers living in the UK amid checks on their identity and addresses.

Lawyers are urging investors who have been advised to invest in disputed tax avoidance schemes to take their financial advisers to court for compensation.