Income tax

Industry experts are urging investors to consider the tax status of ETFs as part of their due diligence, rather than blowing tax treatment "out of proportion."

The income tax threshold will increase by by £1,000 in April, the Chancellor said today in his emergency Budget.

Taxes must rise sharply over the next decade to bring down borrowing, according to the National Institute of Economic and Social Research (Niesr).

Richard Leeson, head of UK business development at Prudential International, says high earners can use offshore bonds to sidestep the worst effects of the tax rate changes.

The Chancellor will not make any changes to VAT, income tax or national insurance (NI) rates.

Chancellor Alistair Darling has decided to freeze all income tax bands in the Budget this afternoon, to fund another increase in public spending.

Capital gains (CGT) and income will be the biggest tax targets in next week's Budget, advisers say.

Susan McDonald, chief executive of Calculus Capital, says now we are out of recession, investors should consider the benefits of EIS funds.

Everyone earning over £20,000 a year faces a tax rise from 2011.

The Liberal Democrats have unveiled plans for a tax on owners of £1m-plus properties to free low-paid workers and pensioners of income tax duties.