Tax Planning

The European Court of Justice (ECJ) has said discretionary portfolio management should not be exempt from VAT.

IFA and discretionary investment manager AFH Financial Group has entered into a joint venture with South Wales-based chartered accountants Broomfield & Alexander.

Almost a million more people will fall into the higher rate tax band due to changes to tax thresholds made by the government, the Daily Telegraph reports.

HM Revenue & Customs (HMRC) has won a court battle to stop an investment partnership - which included wealthy football managers among its members - from gaining £117m in tax relief.

Placing life insurance policies ‘under trust' could save Britons £448m in inheritance tax, according to a new report.

Chancellor George Osborne has played down plans to limit tax relief for charitable giving.

Labour has been defeated in its efforts to block controversial plans to freeze age-related income tax allowances for pensioners.

Deputy Prime Minister Nick Clegg has given the clearest indication yet the government will be forced to backtrack on its plans to cap tax-free charitable giving.

National Savings & Investments (NS&I) has announced it "does not expect" to reintroduce its popular Index-linked Savings Certificates in the current financial year.

The government's "loose" monetary policy of quantitative easing (QE) and low interest rates is diminshing retirees' income, a report by MPs concludes.