With inheritance tax on pension pots just months away, beware the risk of cashing in pensions quickly without assessing tax implications, warns Mike Ambery, retirement savings director at Standard Life
Frozen thresholds are carving out income with nearly 700,000 extra higher rate taxpayers in a single tax year, while top rate payers set to pass one million mark, offficial figures from HMRC show
Bringing pension pots into inheritance tax (IHT) calculations will create complexity and compliance risks for personal representatives handling estates, warns AJ Bell
When the King’s tax bill was revealed, claims of being one of the highest taxpayers in the land were wide of the mark, but talk of a new wealth tax makes no sense, says Andy Oury, owner partner at Oury Clark
As Wimbledon fortnight starts and the England New Zealand test series plays out, VAT expert Neil Warren CTA (Fellow) explains the nuances of VAT relief on corporate hospitality and entertainment costs
As expected, in a bid to stop abuse of stocks & shares ISAs, Treasury plans to tax cash funds held in stocks & shares ISAs despite denying this earlier after the usual multiple leaks
In this week’s Q&A, Vivienne Cheung, adviser at Croner VIP Tax Team explains the changes to self assessment tax return disclosures in SA102 for dividends paid to close company directors
Pension tax changes could leave families facing huge care home bills if they do not undertake careful inheritance tax (IHT) planning with deprivation of assets a clear risk, warns Lisa Morgan, partner at Hugh James
In this week’s Q&A, David Woolley, adviser at Croner VIP Tax Team, explains the capital gains tax implications when members of a limited liability partnership want to sell out