Tax planning news

With time running out for the 2022/23 tax year, here are five ways to keep HMRC at bay

An estimated 750,000 people missed last year's self-assessment deadline for submitting their tax return. Were you one of them? What was your excuse? And how can you make sure that you aren't late this time?

More than a quarter of estates passing on death contain an insurance policy, most commonly life insurance. However, there is one corner of the market that is often overlooked. Neil Adams of protection advisers Drewberry explains a less well-known product that can deliver better value for company directors: relevant life insurance.

In part 1 we covered the basics of inheritance tax and how to reduce it acceptably by making gifts before your death. In part 2, Chartered Financial Planner Michael Roberts delves a bit deeper into some of the more complex areas – where you should definitely look both ways before crossing. The basic principle of

What would you prefer to leave your loved ones: a generous legacy or a gigantic bill? Chartered Financial Planner Michael Roberts returns with another of his highly popular guides to personal taxation – this time explaining the complex world of inheritance tax. It might not feel this way, but in recent decades people have been

As part of our TaxAction 2016 campaign in partnership with Prudential, we bring you the ten top ideas for reducing your tax bill, as supplied by financial advisers listed at Unbiased. You don’t need a hedge fund to make your money grow fast – you just need to trim back the amount you waste every day

As part of the TaxAction 2016 campaign, unbiased.co.uk and Prudential have released a new guide. Find out how and why your pension is so effective at saving you unnecessary tax. In early 2016 the headlines were full of the Panama papers, amid speculation as to who had been trying to trim their tax bill. The irony is,

This year the UK public is set to waste around £4.6 billion in unnecessary tax. A similar figure was frittered away last year. Why is this happening, and is there anything we can do reduce this waste? The unbiased.co.uk and Prudential campaign TaxAction 2016 launches today, in a bid to do just that. If asked

We pick out the most interesting morsels from the Chancellor’s summer Budget and serve them up in easily digestible portions. Bye-bye inheritance tax (well, sort of) Most married couples and civil partners will no longer have to worry about paying inheritance tax (IHT) on their family home, as of 2017. An additional £175,000 threshold per

You don’t marry for money (well, you shouldn’t). Yet there are quite a few ways in which spouses or civil partners can reduce their tax bills. Who said romance is dead? Maybe it’s to uphold the sacred institution of wedlock, or maybe it’s to recognise that marriage is already taxing enough – but whatever the