Tax

Rev up your excise routine

January is the time to trim your income tax and capital gains tax liabilities, says Phil Leiwy. Here, he looks at how investors can use ISAs, pensions and other investments to do so.

IHT and CGT allowances to rise at lower rate

The government has announced that two tax-free allowances will rise in line with the Consumer Prices Index rate of inflation, rather than the more generous Retail Prices Index rate.

Give to your family, not the taxman

We would all like to line our family's pockets rather than the taxman's when we die. Faith Glasgow explains how you can avoid inheritance tax.

Minimise your IHT liability

Increasing numbers of homeowners have been pushed into the realm of inheritance tax liability by rising house prices. But some thoughtful planning ahead is all that's required to minimise the potential liability from your IHT footprint, explains Faith Glasgow.

Tax tips for this year and next

The end of the tax year is upon us. Phil Leiwy outlines sound tax-saving tips for the year about to end and potent tax-efficiency strategies for the year to come.

Osborne ups personal allowance

Chancellor George Osborne announced an increase in the personal allowance today, with up to 23 million people benefiting.

IHT bills cut for those giving to charity

Inheritance tax bills for those leaving 10% or more to charity will be slashed by the same amount, in measures announced in today's Budget.

Pay less higher rate tax in 2011

The end of the tax year on 5 April is approaching. It's time to review your affairs and see if you can reduce your tax bill. Phil Leiwy outlines some tax-trimming tips.

HMRC will not 'write off' tax underpayments

Despite rumours to the contrary, HM Revenue & Customs has stated it will not simply "write off" up to £1.5 million in tax underpayments. Esther Armstrong reports.

Plan early to avoid inheritance tax burden

If you have an estate worth more than £325,000, you must plan early and act decisively if you are to avoid burdening your heirs with an inheritance tax liability, writes Ceri Jones.
Saturday 4 February 2012