Advisers should notify their insurers early if they think they may be facing claims from advice to invest in tax avoidance schemes, a professional indemnity insurance (PII) lawyer has warned.
Equilibrium plans AIM portfolio to reduce IHT costs
The Liberal Democrats have told David Cameron they will refuse to form a coalition with the Conservatives unless he commits to tax hikes for the middle classes, Nick Clegg has said.
Prime Minister David Cameron has said the Conservatives will raise the 40% tax threshold from £41,900 to £50,000 if they win the 2015 General Election.
Reforms simplifying what happens when someone dies without leaving a will came into force on 1 October.
The Chancellor’s pension revolution continued as he scrapped the 55% ‘death tax’ at the Tory Party conference, handing drawdown another advantage over annuities
More than 100,000 owners of valuable homes would have to pay an average of almost £1,000 a month under Labour's mansion tax plans.
Prime Minister David Cameron has said there will be "no re-runs" of the Scottish referendum which saw a decisive vote in favour of the country remaining part of the UK in what he said was a demonstration of the "settled will of the Scottish people".
The chief executive and a former director of the tax specialist arm of financial group Montpelier have been cleared of cheating the public revenue of £1m, after HM Revenue and Customs (HMRC) dropped the case against them.
Platforms could be hit with a £10m bill in order to make sure they comply with new EU tax rules, the Tax Incentivised Savings Association (TISA) has warned.