Tax Planning

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.

CRYSTAL BALL

HM Revenue and Customs (HMRC) is to close its 281 tax enquiry centres in 2014 and pilot a new support service from June.

A gang who made a film starring a former Eastenders actor solely as a £2.8m tax scam have been convicted at Southwark Crown Court.

UK taxpayers will pay HM Revenue and Customs (HMRC) £4.6bn more than they need to this year, according to a report.

Labour has been accused of playing "cynical party games" ahead of a House of Commons debate and vote on plans for a ‘mansion tax'.