Her Majesty's Revenue & Customs (HMRC) is to change the existing inheritance tax (IHT) treatment of liabilities as part of its ongoing fight against tax avoidance schemes and promoters.
The threshold at which people begin to pay income tax will rise to £10,000 in 2014, a year earlier than planned, the Chancellor announced today.
Te government is to embark on a programme to crack down on "aggressive" tax avoidance, the Chancellor confirmed in the Budget today.
Chancellor George Osborne has announced that corporation tax will be cut to 20% in April 2015.
Chancellor George Osborne has announced in the Budget that the government will give capital gains tax (CGT) relief on sales of businesses to their employees.
Some of the UK's biggest high street banks are failing to give the right advice to customers on transferring and managing their cash Isas, according to the results of a 'mystery shopping' exercise.
UK CPI inflation rose from 2.7% to 2.8% in February as rising energy prices pushed the reading to its highest level since May of last year.
Some parents will be able to claim back up to a fifth of average annual childcare costs from the government under a new scheme.
A barrister who failed to pass on his VAT to HM Revenue and Customs (HMRC) has been jailed for tax fraud.