Personal tax

What could the pre-Budget Report include?

A brief look at the options open to the Chancellor in his pre-Budget Report.

Pensions could suffer if entrepreneurs shy from occupational schemes

Plans by the government to cut pension tax relief for high earners could have an adverse effect on workplace pension schemes, it has been warned.

Rise in inheritance tax threshold may be frozen

Plans to exclude more homeowners from inheritance tax charges may become a victim of the effects of the recession, it has been suggested.

Offshore account holders get more time to come forward

HM Revenue and Customs (HMRC) has extended its tax ‘amnesty’ for people with undeclared funds in offshore accounts.

Reforming tax system could 'close' budget deficit gap

An overhaul of the UK’s tax system could generate enough government income to reduce public debt significantly.

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