Tax Planning

The UK economy is heading in the right direction but there are a "number of years to go" before a full-blown recovery can be called, Bank of England (BoE) chief economist Spencer Dale has said.

Tax-advantaged schemes for HNW clients deserve investigation

Non-domiciled holders of whole-of life policies may no longer qualify for an exemption of inheritance tax under new HMRC rules, sparking the need for revised estate planning to avoid unexpected tax bills, Skandia has warned.

As we head towards the end of the year the industry begins to focus on tax-efficient planning and the amount of ‘subsidy' given in tax breaks comes back in the firing line.

Nick Clegg has said he is pushing his Tory coalition partners to agree to cut income tax bills by another £100.

Tax avoiders will be forced to hand £500m to HM Revenue & Customs (HMRC) after a ruling by the Supreme Court.

Are JISAs the best option for savers looking to provide a nest egg for a child?

An offshore tax avoidance scheme used by FTSE 100-listed investment management company Aberdeen Asset Management to pay its employees tax-free bonuses has been closed by Scotland's most senior court.

Inheritance levels in the UK have hit £75bn

A frozen income tax threshold coupled with mass auto-enrolment will result in the annual pension allowance being cut further, meaning people should increase contributions while they can, according to Prudential.