Until now, you only had to tell the taxman you had money in a trust if there was tax to pay; in...
HMRC
“Unmarried couples over 70 at risk of large IHT bills as cohabiting rises”
A younger generation not so bothered about being married, even with children, are now older; and...
“Top Rabbi arrested amid probe into Roman Abramovich’s Portuguese citizenship”
What a fantastic, un-make-up-able headline; there has to be a film or TV series in it, don’t you...
“HMRC to relocate to Newcastle office owned by Tory donors via tax haven”
And here we see the thin dividing line between tax avoidance and evasion in sharp focus. Or, as...
“Tax avoidance crackdowns turn into an arms race warns HMRC in 189-page report”
There has always been a (sometimes thin) dividing line between tax avoidance (legal, working...
“HMRC refunds £800m in overpaid pension freedoms tax”
We do our best to discourage one-off, taxable withdrawals from pensions. If you have to pay tax,...
“HMRC sends ‘nudge’ letters to crypto investors over unpaid tax”
Governments’ and regulators’ first instinct is to try to regulate everything, even the...
“Govt changes are making an already complicated pensions system worse”
Many a government has tried to ‘simplify’ pensions. It started 40 years or more ago when personal...
“Labour to slash tax reliefs and hit wealthy in pursuit of balanced UK budget”
I reckon there are far more gig economy and newly or casual self-employed workers, who want to do...
“Labour plans to raise £500m by closing fund managers’ tax loophole”
All very worthy, tax the rich, private equity capitalists, don’t fleece hard-working-families by...
“National Insurance hiked to pay for social care reforms”
The problem is that National Insurance has become, over the years, just another form of income...
“Gary Lineker fights HMRC over £5m IR35 bill”
HMRC are not, in this case, targeting low-hanging fruit, but have gone to the top of the tree, as...
“Not such a taxing day, after all”
Tuesday was Tax Day, a new concept to me. It’s neither, apparently, another Budget nor an autumn...
“Ed Sheeran puts a song in taxman’s heart with £28m contribution”
Hearing about Ed Sheeran’s (parents etc.) £28m tax bill may have made you grind your teeth a...
“One-off 5% wealth tax would raise £260bn to pay off Covid deficit“
Hmm, this one seems to be gaining some traction (to use an expression you never hear outside a...