Savers unaware of tax implication in lump sum withdrawals
Advisers taking shortcuts in EIS due diligence
Personal tax-free allowance and highest rate tax rates increased
Crowdfund investors set to lose £800k
Regulation round-up: Pensions taxation, guidance guarantee and party conferences
The number of people being pursued through the courts for tax evasion has risen by almost a third in the last year, as HM Revenue & Customs (HMRC) steps up its efforts to close the UK's £35bn tax gap.
Advisers should notify their insurers early if they think they may be facing claims from advice to invest in tax avoidance schemes, a professional indemnity insurance (PII) lawyer has warned.
The Liberal Democrats have told David Cameron they will refuse to form a coalition with the Conservatives unless he commits to tax hikes for the middle classes, Nick Clegg has said.