tax

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.

PARENTS COULD be hit by a marginal income tax rate of 78% because of the complex way benefits and taxes interact, leading accountants argue in the Daily Telegraph .

The Association of Consulting Actuaries has proposed a tax framework for residual pensions in response to a HM Revenue and Customs discussion paper on inheritance tax and pensions simplification.

THE CONSERVATIVE Party is said to be looking at the prospect of a "flat tax" as part of a review of the tax system, according to the Times .