Personal Tax

£200 million worth of free shares given to workers last year

UK firms gave more than £200 million worth of free shares to employees last year, according to an annual survey by IFS.

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Higher rate taxpayers urged to settle tax returns

Higher rate taxpayers are being given the opportunity to come forward and submit any outstanding tax returns with HMRC as it launches a new time-limited campaign.

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New tax guidance for employers on company paid healthcare

New guidance on the tax implications for companies offering paid healthcare for their employees has been published.

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Tax avoidance: Consultation on general anti-abuse rule launched

The Government has launched a consultation on a new general anti-abuse rule (GAAR) designed to tackle what it terms 'artificial and abusive tax avoidance schemes'.

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Scotland: End of stamp duty tax gains momentum

Stamp duty tax could be scrapped in Scotland, after the Scottish Government announced its intentions to overhaul the taxation system.

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Six new taskforces launched by HMRC

HMRC has launched six new taskforces with the aim of recovering up to £23 million from traders who fail to pay the taxes they owe.

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Charities, pasties and caravans: Chancellor makes series of Budget U-turns

Chancellor George Osborne has dropped plans to limit the amount of tax relief on charitable giving, after listening to the concerns of charities.

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Online tax and Government spending calculator launched

A new online tax calculator enabling individuals to work out how much tax they pay, and how the Government spends it, has been launched by HMRC.

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End of stamp duty holiday encourages higher value property purchases in Scotland

First time buyers in Scotland purchased higher priced property in the first quarter of 2012 as a result of taking advantage of the stamp duty concession, the Council of Mortgage Lenders (CML) has said.

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HMRC launches new helpline and improved tax services for the bereaved

HMRC is to improve the quality of its contact processes and provide extra support for those who have suffered bereavement from this month, it has confirmed.

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