Tax Planning

The Confederation of British Industry (CBI) has issued a warning over Chancellor George Osborne's plans for the UK to "go it alone" on corporate tax reform.

Advisers have welcomed the Chancellor's overhaul of the taxation system around buying property, saying it is an "ingenious" idea that will benefit the majority of clients.

The government could face a fresh mis-selling scandal if it fails to prepare for its guidance service, Chris Williams, CEO of Wealth Horizon has said following the Autumn Statement.

Chancellor George Osborne revealed a raft of fiscal changes in the final Autumn Statement of the current parliament. Here we look at some of the winners and losers from the dispatch box announcements...

Changes to stamp duty will dominate the headlines following the Chancellor's Autumn Statement on 3 December, but there were a few other bits that should prove a boon to savers.

The 55% tax charge levied on beneficiaries of individuals who die under the age of 75 with a joint life or guaranteed term annuity has been abolished in the Autumn Statement.

The government is to crack down on investment managers "disguising guaranteed fee income as capital gains", as part of anti-tax avoidance measures outlined in the Autumn Statement.

The Chancellor will raise the personal allowance threshold to £10,600 in the next year, £100 more than initially planned.

Chancellor George Osborne announced today that ISAs will retain their tax-free status when transferred after death.

The amount of profit in UK banks that can be offset by losses carried forward will be limited to 50%, and relief on bad debts delayed, the Chancellor has announced.