HMRC

Advisory firm Montfort International has attacked some Australian financial advisers and pension funds for using "scare tactics" to encourage pension transfers from the UK ahead of the changes to the Australian system on 1 July.

HM Revenue & Customs has confirmed it will make changes to current legislation to allow Australian schemes to continue to be included as Qualified Recognised Overseas Pension Schemes (QROPS) where appropriate.

HM Revenue & Customs guidance on how new anti-avoidance rules for individuals and trustees will apply is "questionable" says Grant Thornton.

Advisers should be aware trusts can be used to minimise the effects of IHT through a ‘dripfeed' approach as well as large one-off gifts, Standard Life says.

Skandia is warning advisers the result of the Phizackerley test-case on inheritance tax and will trusts has "far-reaching implications" for all trusts making loans to beneficiaries.

In much of public service, consultation is a bit of a buzz word. In East Sussex, the public are being consulted for their views on a new road, while in Norfolk they are being asked for their views on withdrawing funding for mental health care for older...

Wholly and exclusively. Sounds more like part of a marriage pledge than something to do with pensions tax relief. Yet these three words have already created more heartache than a thousand divorces.

Chiltern is warning HM Revenue & Customs could start clamping down on undisclosed tax liabilities in offshore accounts as early as July.

Advisers have been given more clarity on the issue of Discounted Gift Trusts, following the publication of a technical note from HM Revenue & Customs.

HM Revenue and Customs has published further guidance clarifying A-Day changes on tax relief for employer contributions by owners and controlling directors of companies.