Tax Planning

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.

The government is increasing the pressure on HMRC to crack down on tax evasion by upping its revenue targets.

Downing Street has said the government will launch a formal consultation in the summer over its plans to limit the tax relief on charitable donations.