HMRC
Retirement | 7 Nov 14
Pension inheritors escape 55 death tax
Pension assets being passed on after death will not be subject to the 55% “death tax” from 6 April next year, following further pension amendments from the UK government.
United Kingdom | 7 Nov 14
High risk avoidance promoters face 1m fines
Promoters of tax avoidance schemes deemed “high-risk” by HM Revenue & Customs (HMRC) have been sent letters warning them they could be named publically, monitored, and fined up to £1m.
Offshore Bonds | 5 Nov 14
Far East sales hamper growth at
Skandia International has seen its funds under management (FUM) grow by just 2% this year, as strong UK offshore sales are offset by lower sales in the Far East.
Tax & Regulation | 5 Nov 14
10 things you need to know about tax avoidance
HMRC outlines 10 issues to consider before making the big leap into the controversial world of tax avoidance.
United Kingdom | 30 Oct 14
Annual tax gap figures political football
HMRC’s annual publication of tax gap figures, while arguably “unique”, has been decried as “dangerous” and a “political football” by tax experts.