More clients to complete tax returns after interest rule change, IFA warns
Bills must be paid by 31 January
Changes to the way interest is taxed mean more people will have to complete a tax return and pay their bills by 31 January next year, national IFA LEBC Group has said.
The firm said as tax on interest is no longer deduced at 20% by banks and building societies taxpayers need to inform HM Revenue & Customs (HMRC) and pay any tax due on savings interest by the end of January,...
More on Tax planning
Jack Rose: EIS's role in answering tomorrow's challenges
For the first time in a quite a while we have a certain degree of political certainty, writes Jack Rose. And, with that clarity, perhaps a clearer picture of the road ahead…
Neil MacGillivray: The tax quirks of jointly held investments between spouses
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...
Jonathan Simmons: Three adviser challenges in the 'inheritance economy'
IHT to double by 2030
Ian Smart: The IR35 opportunities for advisers explained
The changes to IR35 tax rules are going to offer tax and life planning opportunities, writes Ian Smart, who explains all in this column...
Libby Holding: Can estate planning help tackle care fees?
Residential care fees are a hot topic at the moment, says Libby Holding, with increasing media coverage of people who have had all of their life savings and assets swallowed up by care fees in their later years...
More news
Fiona Tait: Why do we have pension tax relief?
Are we rewarding the right things?
PFS partners with learning company to inspire next generation of advisers
Target five colleges first
OMW platform cautious of next few weeks after migrating first 100 advisers
Re-platforming went well
Carey Pensions rebrands amid ongoing legal battle
Nearly two years after High Court appearance
Updated: Adviser denied FCA re-authorisation has £3m in FSCS claims
Tried to work at Wesleyan
