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HMRC

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Her Majesty's Revenue & Customs (HMRC) has for the first time withdrawn the venture capital trust (VCT) status of a company, after Oxford Technology breached one of its investment rules.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

Wrap/platforms

Big comeback: Will unit rebates form the basis of discounts?

Why have so many of the preferential fund deals announced in recent weeks been based on unit rebating rather than the launch of super clean share classes?

clock 13 March 2014 •

Economics / Markets

Five things clients will call you about this week

It's our round-up of the stories your clients may have read in the national newspapers over the weekend.

clock 10 March 2014 •

Income

Why breaching the LTA might be a client's best option

Taking a hefty tax charge on the chin might be the right decision

clock 07 March 2014 •

Regulation

Half of pensioners not prepared for LTA changes - survey

Almost half of pension holders who are over or near their lifetime allowance (LTA) threshold have not yet taken any action to prepare for the limit reductions due to be introduced in April, a survey has found.

clock 04 March 2014 •

Investment

Most Hargreaves' Wealth 150+ deals face rebate tax

Hargreaves Lansdown has confirmed a number of its new discounted fund deals will be subject to HMRC's rebate tax, with only 9 of the 27 funds on its Wealth 150 Plus list available via preferentially priced share classes.

clock 03 March 2014 •

Tax Planning

HMRC launches bid to locate offshore tax evaders

The government has launched an advertising campaign targeting taxpayers with money hidden in offshore accounts.

clock 24 February 2014 •

Regulation

HMRC warns on email phishing scams

HM Revenue and Customers has issued a warning to taxpayers not to be caught out by email phishing scams offering tax rebates in return for bank account or credit card details.

clock 10 February 2014 •
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