Brian Murphy, financial planning manager at AXA Wealth, reveals the action the tax authority is taking to combat evasion and bridge the tax gap.
The Office for Tax Simplification (OTS) has made interim suggestions on simplifying tax for pensioners - and IFAs have many more of their own.
Clients who run a family business may be affected under controversial child benefit cuts set to be outlined in next week's Budget, according to accountants Baker Tilly.
Business secretary Vince Cable has signalled that the Liberal Democrats are willing to scrap the 50p tax rate, in exchange for a "mansion tax" on high value property.
The government must make reforms to improve transparency and clarity around tax on annuities and trivial commutation of pension pots, the Office for Tax Simplification (OTS) has said.
British taxpayers have wasted £88.6bn in tax relief over the last decade, and will waste a further £12.6bn in 2012 alone, a new report suggests.
Analysis by the European Fund and Asset Management Association (EFAMA) highlights that the public does not appreciate what the EFAMA describes as "the very significant cost impact that the Financial Transaction Tax (FTT) would have on the long-term savings...