There’s been a lot of wailing about the extra tax burden once you hit the pensions lifetime savings allowance. But it’s better to just carry on contributing and pay the tax, says Merryn Somerset Webb.
Soon most businesses will have to file tax returns online. Be prepared, says David Prosser.
It is possible to pass on a lot of money to your heirs and pay no inheritance tax. But the plan has some rather large flaws, says Merryn Somerset Webb.
Many savers are paying too much tax on their pension withdrawals, says David Prosser.
Making the over-65s pay national insurance is a sensible idea, says Merryn Somerset Webb. Promising the young a £10,000 lump sum isn’t.
We should abolish inheritance tax, says Merryn Somerset Webb, and replace it with a gift tax, paid at the recipient’s tax rate.
HMRC doesn’t make paying an inheritance-tax bill easy, says Ruth Jackson. Make sure you know how the process works.
Private pensions can be a good way of sheltering assets from inheritance tax. David Prosser explains.
Investing in film offers attractive tax breaks – but hits are few and far between. Tim Dams looks at how to maximise your chances of making your money back.
Grandparents who look after young children are failing to claim entitlements, says David Prosser.
It’s tempting to think once you’ve filed your tax return, that’s it, says David Prosser. But every now and again, the taxman comes knocking.