tax

Amid the news on global terrorism this week one role has been forgotten - that of the taxman.

The Conservative Party has issued a revised statement of its aims and values which, while confirming cutting taxes won't be a top priority, neither it seems is pensions.

The taxman may get new powers of arrest and search and seizure, reports The Times

Proving performance will be key to venture capital trusts (VCTs) is they are to survive recent tax rule changes, says Close Venture Management (CVM).

GORDON BROWN has decided against forcing millions of families to rewrite their wills, says the Times , and backed away from his controversial Budget measures unveiled in March.

RESOLUTION IS IN talks to buy Abbey National's life insurance business in a deal that could be worth up to £4bn, reports The Guardian .

Tax experts have reacted with disappointment to proposals in today's budget regarding new tax relief rules for the UK film industry, as publication of detailed guidance to the regime's rules has been postponed until October this year.

Increases in Child Benefit payments and Child Tax Credits will have a greater effect than increasing personal allowances on lifting families and children out of poverty, which is why the government will focus its efforts in these areas.

New measures announced by paymaster general Dawn Primarolo intend to clamp down on tax avoidance schemes that take advantage of tax breaks extended to the UK film industry, the government has announced.

CHANCELLOR GORDON BROWN has been thrown a lifeline by additional tax receipts on North Sea oil companies, which have put his budget planning back no track, reports The Daily Telegraph.