Personal Tax

Guidance published on reduced rate of inheritance tax

HMRC has released guidance on the new reduced rate of inheritance tax available to estates which leave a ten per cent donation to a registered charity.

Read more

HMRC's Real Time Information (RTI) pilot launched

A pilot project marking a significant change in the way that PAYE payments are calculated has been launched by HMRC, with the first volunteer employers testing the new Real Time Information (RTI) system.

Read more

Charities raise concerns over tax relief cap on donations

UK charities have criticised Chancellor's George Osborne's comments regarding tax avoidance by top earners in the UK, claiming they will damage philanthropic giving.

Read more

Average weekly state pension rises

The average weekly state pension for 2012/13 has risen by £6 from £118 to £124 according to Government estimations following changes which came into effect last week.

Read more

Chancellor to 'take action' on top-level tax avoidance

Chancellor George Osborne has admitted he was 'shocked' by the level of tax avoidance taking place by some of the top earners in the country, after being shown confidential tax returns as part of a study by HMRC.

Read more

New tax year brings in tax and benefit changes

Significant tax and benefit changes, which come into force with the beginning of the 2012/13 tax year on 6 April, will affect millions of families around the UK, according to Government and opposition figures.

Read more

Government criticised over Finance Bill 2012

The Government has been criticised for its 686 page Finance Bill, the longest published on record, after Chancellor George Osborne pledged to create a 'fairer, more efficient and simpler tax system' in this year's Budget.

Read more

ISAs: Have you made the most of your allowance?

With the end of the financial year approaching, investors have less than a week to make the most of their annual tax-efficient Individual Savings Account (ISA) allowance.

Read more

Finance Bill 2012 published

The Government has published the Finance Bill 2012, in which tax measures announced in Budget 2011 and 2012 come into force.

Read more

Concerns child benefit reforms will cause complications

Changes to the child benefit system announced in the Budget will cause a 'high degree of complexity' in take up and HMRC administration, says the Chartered Institute of Taxation (CIOT).

Read more
Syndicate content