Britain's highest earners are shouldering an increasing share of the UK's income tax burden, as coalition government policies take more people out of paying the tax, according to figures released by HMRC.
The number of people liable for higher (40%) or top-rate (50%) tax is expected to jump from 3.25m in 2010-11 to 4.13m, or 13.8% of taxpayers, this year, based on HMRC figures analysed by The Sunday Times....
While tax planning is relatively easy where investments are held in an individual’s own name, on Valentine's Day Neil MacGillivray says great care is needed when it comes to jointly held investments between spouses...
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