Income tax

Labour will re-introduce a 10p starting rate of tax if it wins the next general election, paid for by a new ‘mansion tax' on £2m properties, Ed Miliband said today.

Britain's highest earners are shouldering an increasing share of the UK's income tax burden, as coalition government policies take more people out of paying the tax, according to figures released by HMRC.

The Office of Tax Simplification (OTS) has made a range of recommendations in a bid to make tax simpler for Britain's pensioners.

Here are our picks of the stories your clients may have read in the weekend newspapers...

AUTUMN STATEMENT

A plan to merge National Insurance (NI) with income tax would increase wages, create jobs and help reduce costs, business leaders have said.

CHILD BENEFIT

A report is calling for the 40p income tax threshold to be raised to stop hundreds of thousands of extra people falling into the bracket.

Treasury minister David Gauke has said it is "morally wrong" to pay tradesmen in cash, in the hope of avoiding tax.

The government has launched an online tax calculator enabling people to work out how much tax they have paid and how it is spent.