Tax Planning

Property searches by HM Revenue & Customs (HMRC) to target tax evasion jumped by 12% to 500 in the last year, according to official data obtained by law firm Pinsent Masons.

Jeremy Passmore illustrates the benefits of a trust where ownership for tax lies with the beneficiary

What should clients do with their extra allowance?

Labour will reverse an impending cut in corporation tax if elected next year, but is committed to maintaining the lowest level of all G7 countries, shadow chancellor Ed Balls is expected to say on Monday.

The outgoing Bank of England (BoE) deputy governor Sir Charlie Bean has said it is "reasonable" to expect interest rates to return to 5% within a decade.

A fraudster who reaped £1.6m in VAT from HM Revenue & Customs (HMRC) by pretending to be a number of dead Hollywood film producers, has been jailed for more than three years.

Revenue from taxes on home buyers and savers looks likely to exceed money hauled in from ‘sin taxes' such as those applied to alcohol and tobacco, according to the Daily Telegraph.

Celebrity tax scheme promoters have failed to stop the Revenue forcing their clients to pay their bills up front. Experts predict a wave of high-profile bankruptcies.

Advisers who introduced clients to the Icebreaker scheme knew "perfectly well" its sole aim was to enable tax avoidance, lawyers for an insurance company have claimed, citing a Tribunal ruling.

Calls for professionals, including financial advisers, lawyers and accountants, who advise on tax avoidance to be prosecuted have been branded "flawed" and "disingenuous" by deVere Group.