Tax

funeral-1

One in ten thinks government will pay for funeral

One in ten Brits wrongly believes that the government will pick up the tab for their funeral, a survey has found.

Income Tax | 17 Jul 2014
for-sale-sign

BLOG: The inheritance tax net will continue to widen

Jacqueline Almond and Catherine O'Reilly call for a greater focus on inheritance tax as property prices skyrocket.

Inheritance Tax | 17 Jul 2014
HM Revenue and Customs

'Plebgate' MP invested in scheme HMRC says avoided tax

Former government chief whip Andrew Mitchell has invested in a high-profile film financing company considered to be a tax avoidance scheme by HMRC.

Income Tax | 17 Jul 2014
office-training

One in four employees fears an imminent job loss

More than one in four UK employees fear they will lose their job within the next six months, according Glassdoor’s UK Employment Confidence Survey.

Savings | 16 Jul 2014
royal-court-web

£1.2m battle over mother's legacy to toyboy lover highlights perils of will disputes

The recent High Court battle over a mother’s £1.2m legacy shows that will disputes are more common than people think, argues Emma Myers, Head of Wills, Probate and Lifetime Planning for Saga Legal Services.

Inheritance Tax | 14 Jul 2014
beckham

Beckham among stars facing £520m bill over Ingenious tax schemes

Business executives and sport stars - among them David Beckham - have been warned they must pay HM Revenue and Customs more than £520m after a government crackdown on tax avoidance schemes.

Income Tax | 09 Jul 2014
family

Kids miss out as one in four over-50s chooses to SKI

SKI-ing (Spending the Kids's Inheritance) is becoming increasing popular, with around a quarter of parents planning to leave just a fraction of their estate – or none at all – to their children.

Inheritance Tax | 08 Jul 2014
kim-kardashian-wedding

Brits routinely fail to update wills following major life changes

Almost a third of British adults neglect to revise their will following major life events such as marriage and divorce.

Inheritance Tax | 08 Jul 2014
HM Revenue and Customs

HMRC property raids jump 12% in bid to expose tax dodgers

Property searches by HM Revenue & Customs (HMRC) to target tax evasion jumped by 12% to 500 in the last year, according to official data obtained by law firm Pinsent Masons.

Income Tax | 07 Jul 2014
George Osborne delivers budget in 2014

Tories plan to merge national insurance and income tax

The Conservatives are said to be planning to merge national insurance into income tax in a major shake-up of the current tax system.

Income Tax | 30 Jun 2014
pensioners1

Estate planning tips for newlywed pensioners

Recent figures released by the Office for National Statistics show a significant increase in the number of marriages involving people over 65.

Wills | 26 Jun 2014
emma-myers-sagalegal

BLOG: Leaving a charitable legacy - avoid the confusion

Leaving money to a charity in a will has never been more popular.

Wills | 25 Jun 2014
George Osborne delivers budget in 2014

Govt to take more tax from ‘savers than sinners’ within two years

Revenue from taxes on home buyers and savers looks likely to exceed money hauled in from ‘sin taxes’ such as those applied to alcohol and tobacco, according to the Daily Telegraph.

Tax | 24 Jun 2014
pound-sterling-notes-coins

Advisers accused of ‘knowing perfectly well' Icebreaker was tax dodge

Advisers who introduced clients to the Icebreaker scheme - in which members of Take That were invested - knew its sole aim was to enable tax avoidance, lawyers for an insurance company have claimed.

Tax | 20 Jun 2014
Liberal Democrat leader Nick Clegg

Lib Dems eye tax hikes on holiday homes

The Liberal Democrats are considering tax hikes on holiday homes to stop second home owners “gutting” rural communities and pricing locals out of the market.

Mortgages | 17 Jun 2014

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