Spoilt for choice

Some months it is difficult to come up with topics for this missive, but not this time. Do I write about the changes to pensions on death that were announced a couple of weeks ago, the new Scottish...

Inheritance Matters - What Will Happen When You Die

Only 36% of British adults have a will Thinking about inheritance matters and what might happen to us when we die is something most people try to avoid. The problem with shutting out all thoughts of death is...

Calm Down Calm Down

I have never seen a Budget announcement that has generated as much excitement as the one made last week. A couple of months ago I was invited out to lunch on the day of the Budget. For as...

Taxing Common Sense

"If the British system changes the tax laws, then we will comply. If the taxes go up, we will pay more, if they go down, we will pay less. That is a political decision for the democracy that...

And Absurd Justice For All

"The Treasury is calling the suggestion that HMRC is 'too cosy' with accountancy giants simply 'absurd'." The Exchequer Secretary staunchly defended the Treasury's use of experts from the "big four" accountancy firms of Deloitte, Ernst & Young, KPMG...

HMRC Her Majestys Roving Collectors

It seems the Revenue will soon shut the doors on its 281 Enquiry Centres, with a potential job loss total of 1,300 staff - who gave face-to-face help to over 2.5 million people with tax queries last year....

Suspicious Minds

A leaked document, revealed today by a Tax-News.com reporter, claims the UK Government receives £billions from four specific "sweetheart" tax deals. A "sweetheart" deal involves tax officials and corporations settling disputes behind closed doors, and if this scenario...

Avoidance or Avoiding the Issue

By Ed Emerson "If there is to be an outcry over avoidance - a consideration for the "spirit" of the law, politically or otherwise - perhaps the rule maker's need to start first with the schemes they have...

A Bigger Slice of the Pie

The proposed new temporary wealth tax, while arguably more about political timing than fiscal-mindedness, does appear more enduring than some of this year's less digestible ideas, like the now infamous "pasties tax" that cooled quickly in the wake...

Super Loopholes for the Super Rich It Aint Necessarily So

HMCR has, for the first time, published the true figures for tax avoidance* by the UK's mega-wealthy. The findings revealed almost 1 in 10 people earning £10million or more per year are paying less than the 20% basic...