tax

The DTI's Businesslink website has launched a series of free practice advice and tools to try and help smaller businesses and managers keep up-to-date on general regulatory changes and information to be supplied to employees.

Demand is running high for ideas and explanations of how property can be incorporated into SIPPs come A-Day, says Winterthur Life.

SIPP firm A J Bell has criticized the Inland Revenue's intention to impose minimum unsecured pension as a part of ‘back door' change to A-Day tax legislation.

Regulatory reforms must include the removal of discrimination against closed-ended funds when it comes to investing in bonds, the Association of Investment Trust Companies says.

THE INLAND REVENUE has been forced to admit

THE INLAND Revenue's new powers to tax workers retrospectively without needing to go through the courts could leave thousands of taxpayers facing bills they did not know about, says the Daily Telegraph.

A reversal on rules by Government regarding pensions sharing and divorce will enable the majority of divorcees to rebuild their pension rights within the tax-approved pension system.

Shadow chancellor Oliver Letwin MP has published a consultation paper on savings taxation which suggests re-establishing the dividend tax credit for pension funds along with tax credits for offering financial advice could restore confidence in savings....

An estimated £412m will be paid in fines for late payment or underpayment of tax demanded through self-assessment by the deadline of 31 January, calculates IFA Promotion.

THE FINANCIAL OMBUDSMAN SERVICE (FOS) says it will not be able to cope with the expected increase in mortgage endowment complaints in 2005, unless steps are taken to force providers to settle cases themselves, the Telegraph says.