tax

Chancellor George Osborne has refused to scrap the 50p tax rate on high earners in this month's Budget, despite pressure from the City and Conservatives.

The Treasury says people exceeding the annual allowance (AA) on pension savings must meet their tax charges as soon as they arise.

Allowing early access to pension funds in some cases could place pensioners' beneficiaries at risk of a 55% tax charge, AJ Bell warns.

Grid has added its voice to the warning that many businesses are not prepared for the upcoming ‘A-day' deadline for group life schemes.

Robert Macro, consultant at Dawsons LLP, discusses the impact of the new charges for HNW resident non domiciled taxpayers.

Friends Provident International has launched an online seminar looking at Inheritance Tax (IHT).

A leading economic think-tank today urged George Osborne to delay the dramatic public sector cuts which underpin his economic policies, and to u-turn on them completely if the economy falters again.

HMRC is creating new figures to calculate drawdown limits which could reduce pensioner incomes, experts warn.

The offshore bank account details of 2,000 "high net worth individuals" and corporations - detailing massive potential tax evasion - will be handed over to the WikiLeaks organisation in London today by Swiss whistleblower Rudolf Elmer, two days before...

The Treasury has confirmed it will remove the potential unauthorized payment charge for people using drawdown caught by changes to the new normal minimum pension age (NMPA).