Tax Planning

There a several different types of will available. It pays to make sure you have the one to suit your situation.

People who have sold properties which are not their main homes and have not notified HM Revenue & Customs (HMRC) about any profit have until 9 August to do so before facing a fine.

Sales of Junior ISAs (JISAs) soared in 2012-13, government figures show.

VCTs

National Savings & Investments (NS&I) is cutting the Premium Bond prize fund rate to 1.3% from next month to reflect lower interest rates across the savings market.

David Cameron has refused to rule out future tax rises but says his overall aim is to "give people back some of their hard earned money" as economic conditions improve, the BBC reports.

A new set of rules to make sure big business pays its fair share of tax will be unveiled today as part of efforts by the world's leading countries to crack down on avoidance.

The cost of dealing with the country's ageing population will increase government spending by about 4% of GDP - or £61bn in today's terms - by the 2060s, according to government projections.

Steve Bee is calling for the simplification of pension tax relief, arguing all savings should be taxed at their deferred rate when drawn as income.

The cost of registering a lasting power of attorney (LPA) has been reduced from £130 to £110, the government has announced.