tax

TAX PLANNING

One of the most influential Liberal Democrat members of the coalition has insisted the party will continue to argue for a mansion tax, targeting "unearned wealth".

Carly Russell looks at the tax implications of divorce

A Conservative peer has urged the coalition to cut the Capital Gains Taxes (CGT), arguing it discourages savings and investment and drives funds away from assets with high returns.

CONDENSED

The government has promised it will only implement changes to tax legislation retrospectively in "wholly exceptional circumstances", after concerns were raised that it could damage the UK's reputation.

The Institute of Directors (IoD) has called on George Osborne to do more to cut taxes, reduce red tape and invest in new infrastructure in order to boost economic growth.

DOUBLING-UP

‘Worrying' numbers of people are not using their pension savings efficiently leaving potential inheritors liable to a hefty tax, according to Skandia.

Government plans to crackdown on aggressive tax avoidance schemes by forcing companies to hand over details of wealthy clients using the set ups.