Tax Planning

HMRC's crackdown on tax avoidance and evasion by people who it calls "mass affluent" saw an income boost of 60% in the last year, a new report has claimed.

Members of the Bank of England's Monetary Policy Committee (MPC) voted unanimously to keep interest rates on hold in January, the committee's latest minutes reveal, knocking expectations of a rise this year.

HMRC investigations have yielded a record £136m in extra capital gains tax (CGT) collected from individuals and small businesses in the last year, according to an accountancy firm.

In the latest Retirement Planner poll we gauge opinion on pensions minister Steve Webb's plan to allow retirees to sell their annuity contract for cash.

Is the government clampdown on tax avoidance hindering tax planning?

The government will fail to deliver planned spending cuts within the next Parliament and interest rate rises are off the table until summer at least, according to a survey of economists.

...clients will call you about this week

HM Revenue and Customs (HMRC) has secured almost all of the disputed tax due from the first group of tax avoidance scheme users to receive Accelerated Payment notices.

The Financial Services Compensation Scheme (FSCS) and self-invested personal pension (SIPP) provider Standard Life have worked out a deal with the taxman over the tax status of recoveries related to ARM Asset Backed Securities.

Top five pension pitfalls