Thinking ahead when it comes to retirement planning is vital for anyone who wants to enjoy a financially comfortable life in their later years and pass on their legacy to the next generation in a tax-efficient and sensible way.
According to new research conducted by the National Centre for Social Research (NatCen) and the Institute for Fiscal Studies (IFS), only one in four people who make financial gifts are aware of the inheritance tax (IHT) risks.
HM Revenue & Customs (HMRC) have been awarded the ruling in two cases involving disguised remuneration arrangements, reports have revealed.
According to the latest research from the Post Office, just under half (46 per cent) of workers have never checked their personal tax accounts.
MPs have urged businesses to consider vulnerable people’s access to financial services, with talk of the UK becoming a cashless society.
According to a recent British Chamber of Commerce (BCC) survey, three in five businesses (58 per cent) believe the tax system is “fundamentally unfair”.
The number of businesses who filed for insolvency increased by 6.3 per cent in the first three months of 2019, new figures have shown.
Measures that were implemented to give shareholders the powers to veto excessive executive pay packages have failed according to new research from a think tank.
The government is set to change the way Companies House works, with the largest reform of the company registration system in more than 100 years.
The UK has been confirmed as one of the top three investment destinations in the world, performing above all other major economies in the EU.