Chancellor George Osborne "buried" plans in last week's budget to offer a tax break to non-doms, according to an analysis of the budget small print by a Labour peer.
Up to five million workers will pay the higher rate of income tax following changes in the Budget, analysis from the Institute of Fiscal Studies has found.
Providers agree that while final legislation announced in the Budget will not have a material impact on UK expats retiring overseas, there will be increased obligations on providers and QROPS jurisdictions.
The government has come under fire for plans announced in the Budget to change tax allowances for pensioners, as stakeholders begin digesting the Chancellor's measures.
George Osborne today delivered what he called "a Budget for working people". Here we pick the best quotations.....from the horse's mouth.
Chancellor George Osborne left pensions tax relief alone, introduced a flat-rate state pension and gave a nod to the white paper on long-term care. But what do industry figures think?
Chancellor George Osborne has announced a clampdown on venture capital trusts (VCTs) and enterprise investment schemes (EIS') purely set up to access tax reliefs.