tax

The government has announced plans to abolish life assurance premium relief (LAPR) in the budget.

Taxpayers will no longer be able to use high-risk tax avoidance schemes which exploit HMRC rules, the government said today, amid a widespread clampdown on tax avoidance.

George Osborne's Budget was better-than-expected for non-doms as many will have feared far harsher tax increases, KPMG says.

Chancellor George Osborne has announced "sweeping changes" will be made to Enterprise Investment Schemes (EIS) to boost small businesses.

The Chancellor will use Wednesday's Budget to announce the biggest clampdown on tax avoidance since 2004, raising twice as much as the £500m a year predicted when the initiative was launched last December.

Nationals roundup: Expect calls this week from home flippers, higher-rate tax payers, gifters and last minute ISA hunters.

Members of the Bank of England court revealed yesterday they are "uncomfortable" with governor Mervyn King's involvement in politics.

A 69 year old man who tried to smuggle £60,000 in laundered money notes out of the UK by hiding it in his underwear, has been ordered to repay HMRC what he owes or face jail.

The Treasury Select Committee (TSC) has stressed to the government that HMRC must not be above the law and should remain subject to legal challenge.

David Nash, of the Chancery Partnership, takes a look at how Enterprise Zones can offer high-end clients tax-efficient investment opportunities.