tax

The Chancellor will today unveil plans to reform Britain's tax system in a bid to reduce the burden of red tape on businesses and attract more international investment.

Nicholas Acomb, partner at law firm Stevens & Bolton, looks at the inheritance tax obstacles you need to overcome when transferring policies into trusts.

The UK's public sector debt could be nearly £4trn higher than headline figures suggest, according to new research.

Embracing a broad approach to tax wrappers will be the best strategy for clients to maximise returns and minimise their tax liability.

Chancellor George Osbourne has announced insurance premium tax (IPT) will rise.

George Osborne will announce a bank tax on Tuesday aiming to raise £3bn amid criticism the levy could hit UK competitivenesss.

Speculation is mounting that Insurance Premium Tax (IPT) will be increased in next week's Emergency Budget, with expectations that it could double to 10%.

HM Revenue & Customs (HMRC) plans to seize an extra £4bn in 2010/11 through more aggressive tax investigation work and tougher powers, warns an accountancy firm.

Capital Gains Tax(CGT) is set to rise on so called 'non-business' assets under the new Coalition Government to help reduce income tax for low earners.

As Britain wakes up this morning to a likely hung parliament, IFAonline examines the key issues threatening a cross-party coalition.