Income tax

The Government today issued a call for evidence as part of considerations to simplify the way it deals with income tax and National Insurance contributions (NICs).

Her Majesty's Revenue and Customs (HMRC) will write to 4.7 million taxpayers later this year to tell them they have over or underpaid their income tax for 2010/11.

Merging income tax and National Insurance (NI) would dramatically reduce pension saving and private protection take-up, Jelf Employee Benefits has warned.

The Retail Distribution Review (RDR) will create "perverse" tax implications for consumers facing "significant uncertainties", the IMA warned today.

HMRC has offered employers who use employee benefit trusts (EBTs) the chance to settle upcoming tax liabilities with no further questions before the trusts become illegal.

Tearing your hair out over UK tax regulations? Well, this guy isn't.

Employee benefit consultants (EBCs) will face a variety of problems if the government merges income tax and national insurance (NI), experts say.

There is "no overriding reason" why a merger of national insurance (NI) and income tax should not go ahead, an actuary says.

The Chancellor is set to target executive pensions as part of a crackdown on 'hidden' pay in a Budget aimed at boosting economic growth this week.

HMRC will bring in harsh new penalties for evading income and capital gains tax abroad from 6 April.