Govt launches probe into FCA's handling of failed £236m firm

The government has today officially launched a probe into the circumstances surrounding the collapse of £236m mini-bond firm London Capital & Finance.

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Average Inheritance Tax bill for 2018/19 close to £200,000

The average inheritance tax bill reached almost £200,000 in the last tax year - up £60,000 in five years, according to analysis of HMRC receipts by financial advice firm and insurer NFU Mutual.

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HMRC’s hi-tech system tracks down more tax evaders

Connect, HMRC’s sophisticated information system is being used more and more to identify income and gains that have not been declared.

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Editor’s Comment: Taxman’s IHT greed needs curbing

Our story this week about the Treasury’s record IHT tax grab in the past year is a worrying portent of things to come, I fear.

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