Category: Tax

Venture capital trusts continue to attract investors

HMRC stats show venture capital trusts (VCTs) are increasingly attractive to investors, offering potential tax benefits but substantial risk. If you’re going to invest, consider acting before the upcoming tax year end but take advice.

Time to start your year end tax planning

The next Budget could affect pensions, capital gains tax & ISAs. Make sure your year end tax planning is complete before they are announced.

HMRC keeps an eye on offshore fund investors

HMRC is now contacting individuals with offshore investments. Make sure you know how gains from these investments should be treated.

What price our tax reliefs?

Recently released figures show the billions of pounds ‘lost’ to the government each year. Some may be in the next Chancellor’s firing line.

Starting early for tax year end investments

There is more time to capitalise on opportunities for early year end tax planning and VCTs are launching their fund-raising efforts now.

New thinking for Labour on taxes?

Potential reforms to income and capital gains taxes outlined in a new report from the IPPR could find their way into the Labour manifesto.

Who are the top 1% of income tax payers?

The top 1% of income tax payers account for 27% of all the UK’s income tax collected, but who are they?

Cracking down on compliance pays for HMRC

HMRC’s tax yield from cracking down on compliance infractions has boosted its coffers by over £34bn, but there are still many legal ways to save tax.

Company car tax revisited – the new rules

New vehicle emissions measuring standards coming in from 2020 mean the tax benefits from company cars may not be as useful as they once were.

New prime minister, new tax policies

Boris Johnson took office towards the end of last month with a list of tax proposals in hand. But at what cost?