HMRC’s latest tax receipt figures show a sharp improvement compared to this time last year with inheritance tax (IHT) rising by £500m after the nil-rate freeze in the Spring Budget
The Low Incomes Tax Reform Group (LITRG) is urging people who missed the 31 July tax credits renewals deadline to contact HMRC urgently to restart their tax credit payments or they will have to repay their credits
The lifetime allowance freeze is a pensions time bomb waiting to explode, but it may be worth considering a transfer of funds to a qualifying recognised overseas pension scheme (QROPS), explains Rachel De Souza, private client partner at RSM
An independent Scotland would need to need to raise taxes or cut spending in order to reduce its budget deficit says Institute for Fiscal Studies (IFS)
The UK government's scheme allowing taxpayers to claim refunds or waivers for punitive settlements relating to disguised remuneration makes it extremely difficult for claimants to get back the money they are entitled to, warn Matthew Sharp and Siobhan Gillespie, tax disputes directors at Fieldfisher
Low earners in Scotland could benefit from the introduction of a minimum income guarantee (MIG) to give stability to low earners by ensuring that a certain level of income is earned
HMRC is reminding parents and carers they have until 31 August 2021 to confirm whether their teenagers are staying in full-time education or training beyond 16
Big Four firm KPMG UK is launching a tax practice in London to support US expatriates in the UK and across Europe as the potential for US tax reform accelerates
The most recent figures show that taxpayers saved £30m in inheritance tax (IHT) through gifting last year with many taking advantage of the £3,000 annual gift allowance
New research has revealed that Scottish taxpayers have paid £900m more in income tax over the last three years for a net benefit of just £170m under the Scottish National Party’s (SNP) tax changes
A one-off 99% levy on billionaires’ wealth gains during the pandemic could pay for everyone on the planet to be vaccinated against Covid-19, claims Oxfam
Voluntary and community sector (VCS) organisations which offer frontline support to individuals with their tax affairs, including tax credit queries and problems with tax debt, refer over 6,000 people to the HMRC extra support team annually
Thousands of young people who have finished their exams need to be aware that they may have to declare income to the tax man and pay National Insurance contributions on summer jobs
In our regular Q&A series, Croner Taxwise tax adviser Marsha Haywood examines the impact of principal private residence relief (PPR) on a sale of a property held in a trust
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