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  • 2 in 3 advisers fear trust clients may risk HMRC fines

    Advisers were concerned about clients risking HMRC fines by failing to register trusts with the Trust Registration Service before 1 September

  • Nearly 62,000 trusts registered in H1 2022

    Incoming rules from HMRC on trusts stipulate that any express trust must register details of the settlors, trustees, and beneficiaries by 1 September

  • IHT receipts up £300m in latest quarter 

    HMRC

  • IHT receipts rise 12% to £2.9bn

    HMRC released the latest inheritance tax statistics this morning

  • Advisers urged to join Employee Benefit Trust group action

    HMRC has viewed EBTs as tax avoidance schemes and has imposed inheritance tax charges in respect of those trusts.

  • Hard-pressed pension savers withdraw 23% more cash in Q2

    Andrew Tully, technical director at Canada Life, said the latest figures from HMRC show that many pension savers are having to dip into their retirement funds in order to make ends meet during the cost-of-living crisis.

  • 68 estate agents fined £500k for money laundering

    HMRC HQ

  • Advisers concerned about IHT ‘stealth tax’ threat

    Concerns about the rising cost of IHT are growing

  • Thousands of pension 'dippers' risking tax charges

    Stephen Lowe of the Just Group

  • IHT receipts leap £500m to £4.1bn

    HMRC released the IHT figures for October this morning

  • Property wealth dominates Southern IHT bills

    Stephen Lowe, group communications director at Just Group

  • 16% of over-65s submitting tax returns

    HMRC HQ

  • Editor’s Comment: Pensioners facing tax pain

    Editor Kevin O'Donnell

  • HMRC warns about 5 tax avoidance schemes

    HMRC

  • 1m more will pay higher rate tax by 2027

    Rachael Griffin, tax and financial planning expert at Quilter

  • 600,000 taxpayers miss tax return deadline

    HMRC tax crackdown ad (historic)

  • Pension savers win more time to top up NI contribs

    HMRC HQ in London

  • 1.1m more to pay higher rate tax by 2027

    More people are set to be hit by higher rate tax

  • NI pension top up offer extended to 2025

    HMRC offices

  • Number of ISA millionaires hits record high

    The Openwork Partnership analysed data from HMRC following a freedom of information request

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