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All the latest
Tax
news
Last updated today at 12:08
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An Isa is a tax-efficient "wrapper" in which you can hold either stock market-based investments or a traditional savings account.Any interest earned on savings or bonds and any capital..
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In the 2010/11 tax year, the threshold beyond which inheritance tax (IHT) is paid is £325,000. Most estates are valued under the threshold and there is no IHT to pay on them. However,..
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Stamp duty is a tax charged by the government when you buy property or shares. There are different kinds of stamp duty, which apply to different purchases.Stamp duty on homes and landStamp..
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Less than two weeks to meet tax deadline
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Conservative plans for tax breaks for married couples have come under fire from both Labour and the Lib Dems.
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Tory plans to give married couples a tax break have been described as "social engineering" by a Cabinet minister as the Government prepares to unveil a series of family-friendly policies.
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Scotland's parties lobby Finance Minister John Swinney as he prepares this year's draft budget.
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Just over a fortnight is left before the self-assessment deadline when all online tax returns must be filed along with any money owed. Taxpayers must return their forms by 31..
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Banks could be on a collision course with shareholders over how they report the effect of the Government's bonus tax
thisismoney (daily mail, eve. standard, metro) 17/Jan/2010 00:00
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This week really is the final chance to knuckle down to submitting outstanding returns for the tax year that ended last April
thisismoney (daily mail, eve. standard, metro) 17/Jan/2010 00:00
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Morale among Revenue & Customs staff is well below average for the Civil Service with only 21% having anything good to say about the organisation
thisismoney (daily mail, eve. standard, metro) 17/Jan/2010 00:00
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Standard Chartered chief Peter Sands admits that London is suffering as a
global capital because of mistakes that were made in banking regulation and
the recent bonus tax.
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Ministers are to throw down the gauntlet to the Tories over plans to help
families - with a claim that using the tax system to reward marriage would
be unfair "social engineering."
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As Wall Street and the major European banks prepare to report record results -
and record bonuses - outrage is running high. Although the political
response to this cornucopia has..
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Energy companies are facing calls for a windfall tax on profits as customers'
bills are expected to rise sharply during the big freeze.
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The office of the London Mayor, the Liberal Democrats, Labour MPs and the
unions are not the most obvious of bedfellows. On Friday, though, the
unlikely alliance joined in praise of..
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A permanent "super-levy" on UK-based banks that echoes the new US
tax is being examined by the Treasury.
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Investors are being urged not to access their pensions before the age of 55 unless they have no other income, ahead of a change to the rules in the next tax year
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January 31, as well as being the deadline for filing tax returns, is the cut-off date for claiming a share of millions of pounds of tax that was overpaid in the 2003-2004 financial year
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What property and costs such as utility bills can I set against my self-employed or employment income?
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Mayor of London Boris Johnson claims around 9,000 bankers may leave the City because of increased taxes on high earners.
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US investment bank unveils a bumper pay package for its City financiers as
profits leap.
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Council tax will rise and services face cuts to plug the looming £60 billion
hole in local government pensions.
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Greece is to submit a three-year plan to cut its huge budget deficit to the European Commission later on Friday.
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European banks should suffer less than their US counterparts from the Obama
administration's proposed bank tax.
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President Obama's levy on bank leverage or wholesale funding - and the way he explicitly linked it to the "obscene" (his word) bonuses being paid by banks - has surprised European ministers..
bbc (robert peston) 15/Jan/2010 08:25
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Forget bonuses and bank levies. If you earn £1m then London is now the most
expensive of the world's major financial centres as far as income taxes are
concerned.
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There is a good case for taxing banks more heavily than other businesses. But
changing behaviour is a tricky business and there is always the danger that
it will alter for the worse..
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President rails against bonuses as he unveils new tax to recoup the money
spent bailing out the US financial system.
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Professionals such as doctors are the targets in an HMRC crackdown.
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My late father left £20,000 to my young son and named my sister as a trustee - a role she does not want. How can we change this legally?
thisismoney (daily mail, eve. standard, metro) 14/Jan/2010 00:00
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There has been an significant rise in the number of High Court cases launched by claimants dissatisfied with the inheritance they have been left by others, according to Wedlake Bell, the..
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Ask the expert: Louise Somerset, tax director at RBC Wealth Management, will answer queries on how to fill in your tax return on Thursday 21 January at 3pm.
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Revenue inspectors are using anti-terrorism powers to spy on tax evaders 15
times a day, the Tories claim.
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I'm still working at age 70 and I'm worried that I may be paying too much tax on my earnings and pensions
thisismoney (daily mail, eve. standard, metro) 12/Jan/2010 11:56
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Doctors and dentists are to be targeted in a new tax evasion crackdown. Other middle class professions may be next
thisismoney (daily mail, eve. standard, metro) 12/Jan/2010 00:00
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Banks are depriving savers of tax benefits and harming the Isa brand by paying less on fixed-rate cash Isas than on similar taxable bonds
thisismoney (daily mail, eve. standard, metro) 12/Jan/2010 00:00
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The clock is ticking for the nine million people who have to file a self-assessment tax form each year.
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Middle class professionals are facing an unprecedented crackdown on tax
evasion by Government revenue inspectors.
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The United States is considering imposing a financial levy on Wall Street to
recoup some of the costs associated with the $700bn (£430bn) bail-out of the
world's largest economy.
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Cash Isas are a popular choice for savers as there is no tax to pay on the interest received.
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Middle class professionals are facing an unprecedented crackdown on tax
evasion by Government revenue inspectors.
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Will Obama's bank bail-out tax go global?
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Doctors and dentists are being targeted by HM Revenue & Customs in a fresh campaign against tax dodgers.
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I'm struggling to complete my self-assessment tax form. Are profits from bonds classed as income or should they be treated as a capital gain?
thisismoney (daily mail, eve. standard, metro) 11/Jan/2010 00:00
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Budget retailers have had a sparkling Christmas as shoppers made their money
go further in the downturn.
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Wealthy individuals could have claimed £250m in tax relief on chaitable giving – and charities could have been £1.2bn better off
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Nearly 10,000 people have come forward to the tax authorities to declare they have money hidden in offshore bank accounts.
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The public needs to be told exactly what is to be done about our gaping budget
deficit, says Jeff Randall.
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Nearly 10,000 people have come forward to the tax authorities to declare they have money hidden in offshore bank accounts.
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Budget airline easyJet emerged as one of the big winners of the fraught Christmas getaway period after notching up a 9.3% rise in passenger traffic
thisismoney (daily mail, eve. standard, metro) 07/Jan/2010 08:51
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