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Displaying items by tag: Tax

James Hay is fighting an HMRC charge of nearly £2million in connection with a probe into a non-standard investment.
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Friday, 10 February 2017 15:36

Is HMRC channelling the magic of Mr Benn?

Those of a certain vintage will remember the animated children’s TV programme, “Mr Benn”, where each episode featured the line, “and then – as if by magic – the shopkeeper appeared”.
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The ruling about cab company Uber and employment rights will have important consequences for tax and pensions, professionals say.
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A Financial Planner has called for the new Chancellor Phillip Hammond to bring in a 30% flat rate for pensions tax relief - but opinions among experts are mixed as to whether this is the right move.
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Pension tax relief could be an “early casualty” of the UK’s decision to vote to leave the EU, a leading analyst believes.
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Wednesday, 24 February 2016 12:27

Ex-Pensions Minister's scathing attack on tax changes

Ex-Pensions Minister and ousted former Liberal Democrat MP Steve Webb has launched a scathing attack on proposals to change tax rules – calling them ‘daylight robbery’.
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A retirement planning boss believes that a single flat rate of pension tax relief could be the “boost to pensions simplification we’ve needed for a long time”.
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Wednesday, 23 September 2015 12:06

Pensioners paying over £17.5bn in tax every year

Pensioners in the UK pay a total of more than £17billion in income tax every year, according to new analysis.
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AXA Wealth has said its family/group Sipp will be "reform-ready" in time for April.
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A tax specialist in northern England has reported a surge in enquiries from business owners and financial advisers keen to explore pension-led funding.

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