Tax Planning

A Conservative Party treasurer has called on the government to compete with offshore tax havens by easing the tax burden on wealthy foreigners who invest in hedge funds.

Her Majesty's Revenue & Customs (HMRC) has won a court case defeating a widely-used scheme to avoid stamp duty land tax (SDLT).

Scottish Widows has launched an auto-enrolment platform, AssistMe, to aid employers as the new pension rules comes in.

Some British pensioners, as well as investors in index-linked gilts, face lower returns if proposals to align the retail prices index (RPI) measure of inflation with the consumer prices index (CPI) are approved.

Investors are being forced to take on more risk as inflation continues to stay above the Bank of England's 2% target, experts said.

The Government is considering replacing the current practice of increasing benefits in line with inflation, according to the BBC.

Her Majesty's Revenue & Customs (HMRC) claimed back almost £90m last year by challenging the inheritance tax (IHT) valuations on the property of people who died, figures show.

Households should see a rise in real incomes from next year on the back of slowing inflation and rising pay growth, a report by the Centre for Economic and Business Research (CEBR) suggests.

TAX PLANNING

Liberal Democrat leader Nick Clegg will argue for a "time-limited" extra tax on the UK's wealthiest people as politicians reconvene after their summer breaks.