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HMRC

Tax Planning

Advisers accused of 'knowing perfectly well' Icebreaker was tax dodge

Advisers who introduced clients to the Icebreaker scheme knew "perfectly well" its sole aim was to enable tax avoidance, lawyers for an insurance company have claimed, citing a Tribunal ruling.

clock 19 June 2014 •

Pensions

Fit and proper: Why SSAS administration needs to get serious

Fit and proper: Why SSAS administration needs to get serious

clock 19 May 2014 •

Regulation

MPs raise concerns over new tax powers

Plans to allow the tax authority to settle unpaid demands by taking money from people's bank accounts have been criticised by a group of MPs.

clock 09 May 2014 •

Tax Planning

HMRC error leaves VCTs unable to issue shares

Venture Capital Trusts (VCTs) have been hoarding investor cash after an error from HM Revenue and Customs left the vehicles afraid of issuing new shares.

clock 25 April 2014 •

Wrap/platforms

HMRC issues new rebate tax guidance after raft of enquiries

HM Revenue and Customs (HMRC) has issued fresh guidance on its decision to tax unit rebates after receiving a number of queries from fund groups and platforms.

clock 17 April 2014 •

Regulation

ABI and APFA join forces on tackling new tax regulation

The Association of British Insurers (ABI) and Association of Professional Financial Advisers (APFA) have issued joint guidance for advisers and insurers on complying with new tax information requirements.

clock 09 April 2014 •

Long Term Care

LTC: A nudge in the right direction?

Should financial health checks and care accounts become part of the long-term care market? Fiona Murphy looks at alternative recommendations for funding.

clock 21 March 2014 •

Regulation

Budget 2014: HMRC granted tougher pensions liberation powers

HM Revenue & Customs (HMRC) will get extended powers to tackle pensions liberation in the Finance Bill 2014.

clock 19 March 2014 •

Tax Planning

Budget 2014: HMRC probes 'misuse' of VCTs and EISs

People looking to establish tax avoidance schemes will have to pay due taxes to HMRC upfront before applying to get it back through the courts, Chancellor George Osborne has announced.

clock 19 March 2014 •

Investment Trusts

'Worrying times' as HMRC withdraws firm's VCT status

Her Majesty's Revenue & Customs (HMRC) has for the first time withdrawn the venture capital trust (VCT) status of a company, after Oxford Technology breached one of its investment rules.

clock 13 March 2014 •
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