tax

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.

ONLY A FEW people have so far been compensated by the government's £400m scheme for workers who have been denied their pensions, nearly two years after the project was announced, reports The Times.

UK residents with savings in Gibraltar will see those savings taxed at a rate of 15% from 1 April next year, rising to 35% after 2011 according to a deal just announced by paymaster general Dawn Primarolo and Peter Caruana, chief minister of Gibraltar....

Tax specialist Chiltern says IFAs should take a case by case approach to their clients if affected by a key Court of Appeal ruling issued yesterday on small businesses co-owned by spouses.

UK residents are being warned they could be caught up - rightly or wrongly - in a tax avoidance net cast by Portugese authorities, who may be working with their UK colleagues.

Jo Smith, consultant at Teamspirit, explains exactly what the pre-Budget report means for pensions ahead of A-Day as well as the implications and remedies now for both clients and intermediaries.

THE AMOUNT of money invested in personal pension plans rose by 6% to £804m in the last quarter of 2005 compared with the same period last year, says the Guardian .

Up to 90% of reclaimable tax on dividends from foreign securities - about £250m - is lying unused by UK private investors.