Tax Planning

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'.

The National Association of Pension Funds (NAPF) and Wheels Common Investment Fund (WCIF) have lost their bid to recoup £2bn in backdated VAT on investment management services for defined benefit pension schemes.

TAX PLANNING

The coalition government's staggered changes to tax law means advisers can boost their proposition by offering annual tax and pension reviews, according to Standard Life.

HM Revenue & Customs is launching a campaign today targeting people who sold second homes without declaring any profits made to the taxman.

A group of Conservative MPs are set to publicly warn that a radical change of economic strategy is essential to revive the economy, the Telegraph reports.

The e-petition against the government's decision to freeze the personal tax allowance for people aged 65 and over has attracted more than 100,000 signatures.

A tax avoidance scheme used by one hedge fund manager to save paying £7.5m in tax has been ruled unviable following a tribunal.

TAX TALK