Story by: Sara Smith, Investment Adviser
Stellar Asset Management has launched an Aim Inheritance Preservation Service (Aim IPS).
Tax dodgers are to be named and shamed by HM Revenue & Customs for tax evaded on or after 1 April this year.
People with offshore investments, who have notified HM Revenue & Customs (HMRC) that they want to use the New Disclosure Opportunity (NDO), have just one week to make their disclosures online and to pay all tax, duties, interest and penalties owed in full.
Vince Cable, Treasury spokesman for the Liberal Democrats, has called on MPs to stop playing "Punch and Judy" politics over the fiscal deficit and to instead concentrate on encouraging people to save.
Pension experts are united against government plans to tax the pensions contributions of those earning over £130,000, a survey has found.
A major shift in the way pensions are taxed could be on the cards following the general election, according to Laura Goodman from Rockingham Retirement.
Next week Financial Adviser is running two specials, covering subjects that are crucial to IFAs' business.
A 0.005 per cent tax on currency exchanges and derivatives could be implemented straight away to raise £100bn a year globally towards reducing government deficits and tackling poverty, according to a report.
IFAs have only two weeks left to make their feelings felt on new tax penalties from HM Revenue & Customs (HMRC) for giving Inheritance Tax (IHT) advice, according to the Tax Advice Network.
Clients are most concerned about wealth preservation over the course of 2010, with the introduction of the higher rate income tax and inheritance tax (IHT) planning coming a close second.
With the government looking to raise income from tax revenues, capital gains taxes are likely to rise sharply, that is whereBed & Breakfastcomes in
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As usual the pressure is on to make the best use of personal tax allowances before the tax year ends.
With new tax rates beginning in April this year, investors, and particularly high earners, are keen to understand the tax saving schemes available to them - of which, it seems, there are not many.
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Salary: £25k plus Pension, 25 days holiday, PHI, DIS,Bonus.
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