HM Revenue & Customs (HMRC) is losing 60% of appeals against its VAT decisions because it is under pressure from the Treasury to take a more aggressive approach, according to a law firm.
A ‘mansion tax' on all homes worth more than £2m would cost the owners as much as £36,000 a year on average, according to Whitehall analysis.
Neil MacGillivray discusses the impact of recent changes to personal allowances on your clients' pension planning
The government has announced new ISA rules that will make it easier for people to invest directly into small businesses.
HM Revenue & Customs (HMRC) is set to de-register up to 500 pension 'liberation' providers as part of a wider crackdown on the schemes.
The UK economy delivered growth of 0.3% in the first quarter of the year, the final reading from the Office for National Statistics has confirmed, but revisions to previous readings mean there was no 'double-dip' recession.
Reducing the base rate from its current historical low of 0.5% into negative territory "remains an option" for the Bank of England's Monetary Policy Committee (MPC), deputy governor Charles Bean has said.