Red-tape warning on smaller family trusts

The Association of Taxation Technicians has warned that smaller family trusts - of the type often used by Financial Planners - are threatened by a rising red tape burden.

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Tax take soars more than £3bn in a year, analysis shows

New analysis of statistics from HMRC shows a 15% increase in self-assessment receipts in January 2019 compared to January 2018.

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Ruling could land HMRC with lifetime allowance claims

A recently-published court ruling could open HMRC up to new claims from investors who accidentally lose lifetime allowance ‘protection’ by forgetting to stop paying contributions to their schemes.

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Record 93% file tax returns by deadline

A record percentage of self-assessment taxpayers completed their returns by the deadline.

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