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Latest UK & International Investment and Savings News



High earners will benefit from maximising pension contributions

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News - Tax
Written by Ray Clancy   
Friday, 25 March 2011 08:24

High earners in the UK are being urged to maximise pension contributions before the 50% tax relief disappears following Chancellor George Osborne’s announcement that the rate is temporary.

 

Surprise IHT reduction for wealthy individuals who leave money to charity

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News - Tax
Written by Ray Clancy   
Thursday, 24 March 2011 08:16

Wealthy individuals are being encouraged to leave at least 10% of their estate to charities in return for paying less inheritance tax in a move announced by Chancellor George Osborne in his 2011 Budget.

 

Non doms to pay more but will gain if they invest back in Britain

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News - Tax
Written by Ray Clancy   
Wednesday, 23 March 2011 15:00

Non domiciled tax payers in the UK will have to pay more under measures announced by Chancellor George Osborne today (Wednesday March 23) but not as much as some commentators have suggested.

 

Sarkozy confirms that he supports the abolition of wealth tax in France

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News - Tax
Written by Ray Clancy   
Wednesday, 02 March 2011 09:37

French President Nicolas Sarkozy had hinted again that he wants to abolish wealth tax in France rather than just reform it.

 

Brits gifting thousands of pounds of interest to the taxman

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News - Tax
Written by Ray Clancy   
Tuesday, 15 February 2011 07:59

British taxpayers are effectively giving thousands of pounds to the taxman by not taking full advantage of ISA allowances, it is claimed.

 

UK tax law changes should lead to a simpler and more transparent system, experts claim

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News - Tax
Written by Ray Clancy   
Thursday, 24 March 2011 10:51

The Chartered Institute of Taxation has welcomed the announcement by the UK Chancellor that he will be making a number of changes to simplify the tax system and crack down on tax avoidance.

 

Most UK taxpayers to benefit from tax changes in the Budget

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News - Tax
Written by Ray Clancy   
Wednesday, 23 March 2011 16:50

Almost all tax payers in the UK will benefit from the £630 increase in personal allowances announced today (Wednesday March 23) by Chancellor George Osborne in his 2011 Budget.

 

Brits in the dark about new tax allowances

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News - Tax
Written by Ray Clancy   
Monday, 14 March 2011 07:56

There is widespread unawareness of current tax thresholds in the UK and changes that will take effect on 05 April, according to new research.

 

UK tax man announces tough check for tax evaders

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News - Tax
Written by Ray Clancy   
Thursday, 24 February 2011 08:43

Tax cheats are being warned by the UK taxman that they will face up to five years’ detailed scrutiny, HMRC has announced.

 

Indian lawmakers press for more action on wealth in offshore accounts

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News - Tax
Written by Ray Clancy   
Monday, 07 February 2011 10:47

Lawmakers in India want to get tough with wealthy investors and business owners who have billions of dollars of untaxed money in overseas bank accounts.

 
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