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HMRC

Tax Planning

How the very rich respond to tax increases

The Institute of Fiscal Studies, in its annual Green Budget, has outlined the main techniques individuals are likely to use to avoid paying the top rate of income tax.

clock 01 February 2012 •

Charging

VAT: Split your annual charge to make the taxman's visit a short one

Martin Sharratt, head of VAT at accountant and investment manager Smith & Williamson,

clock 31 January 2012 •

uncategorised

New QROPS regime "may prompt EURBS mis-selling"

Proposals to reform the rules around qualifying recognised overseas pension schemes (QROPS) may prompt a spate of mis-selling of competing products, an expert has warned.

clock 27 January 2012 •

Tax Planning

HMRC extends self-assessment deadline

HMRC has extended by two days the deadline for taxpayers to file their online self-assessment tax returns, after industrial action threatened "chaos" at its call centres on deadline day.

clock 27 January 2012 •

Income

No charges for ineligible pension schemes post Q-Day

QROPS that fail to take up proposed rule changes will not be hit by hefty member charges, according to David Higgins, technical expert director for Fairbairn's at Overseas Pensions.

clock 26 January 2012 •

Your profession

Use or lose it: Tax efficient ways to top up clients' annual allowance

Colin Batchelor of Legal & General Savings explains how your clients can still make significant contributions to their pensions despite a reduction in the annual allowance rules.

clock 26 January 2012 • 4 min read

Tax Planning

Tax deadline-day chaos forecast as HMRC staff strike

An industrial dispute between Her Majesty's Revenue and Customs (HMRC) staff and their employers will create chaos on the day of the tax return deadline, experts have warned.

clock 25 January 2012 •

uncategorised

SIPP market consolidation is inevitable in 2012 says Suffolk Life

Large-scale SIPP provider mergers are likely throughout this year as many will not have the assets required if capital adequacy requirements are increased, according to Suffolk Life.

clock 24 January 2012 •

uncategorised

QROPS: Warning rule change could increase costs 150%

Proposed legislation designed to prevent the abuse of qualifying recognised overseas pension schemes (QROPS) could increase providers' costs by 150%, Fairbairns has warned.

clock 23 January 2012 •

Tax Planning

Tax adviser guilty of £70m share scam

A tax adviser has been found guilty of attempting to defraud clients of £70m with a tax avoidance scheme.

clock 20 January 2012 •
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