Tax bands should be abolished and income tax and employee National Insurance contributions (NICs) combined into a single tax ‘schedule’, with all sources of income taxed at the same rate, and on the same basis in order to create a more efficient and progressive tax system, according to the rightwing thinktank, the Institute for Public Policy Research (IPPR)

There is now a month to go until major changes to the tax calculations for termination payments come into effect from April 2018 which will hit high earners and affect tax calculations

Pension scheme tax relief cost the government £41.4bn in 2016/17, HMRC official data shows, much the same as in the previous tax year

Charities providing tax advice to vulnerable and low income taxpayers say demand for their help has currently risen to near record levels, partly as a result of growing complexity in the tax system combined with changes in working patterns

As Chancellor Philip Hammond calls for the Office of Tax Simplification (OTS) to simplify the inheritance tax (IHT) regime, Sara White, editor of Accountancy, considers rising IHT payments and various IHT thresholds around the world

Taxpayers who know or suspect that they have unpaid tax relating to overseas assets, income or activities need to act before the deadline of 30 September 2018 to avoid incurring much higher penalties for non-compliance

The OECD has launched a consultation on the potential misuse of residence by investment (RBI) schemes to circumvent the common reporting standard (CRS), after collecting information to suggest the practice is becoming more prevalent

More than two thirds of Scottish income taxpayers will pay less tax in the new tax year on their current income, although top earners will face higher tax bills and an intermediate rate will increase tax rates by 1% for those earning over £24,000 as the Scottish parliament plans to vote through a series of progressive tax measures

After the Scottish government used its devolved tax powers for the first time in its recent Budget to change tax bands and create a new mid earner rate of 21%, Elaine McInroy, partner at Saffrey Champness, explains the impact of the changes on income tax rates for Scottish taxpayers from April 2018

HMRC’s investigations into the content of the leaked Panama Papers are expected to generate additional tax of £100m from recalcitrant tax avoiders

With the current tax year ending on 5 April 2018, now is the time to get your tax affairs in order. Julia Rosenbloom, private client tax partner at Smith & Williamson, outlines 10 important tax planning points to consider

The Office of Tax Simplification (OTS) has published more details about its review of inheritance tax (IHT) which will look at ways of simplifying IHT from both a tax technical and an administrative standpoint