Personal Tax

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.

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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.

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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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Call to reform stamp duty

Stamp duty needs to be restructured if the housing market is to recover across the whole country, the Royal Institution of Chartered Surveyors (RICS) has said.

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Tax complaints needing over a year to be resolved

It is taking 13 months on average for tax disputes to be sorted out, new figures indicate.

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HMRC publishes tax charter

HM Revenue and Customs (HMRC) has launched its taxpayers’ charter.

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Tax refund campaign for pensioners

HM Revenue and Customs (HMRC) has launched a campaign aimed at pensioners who may have paid too much tax on the interest earned from savings accounts.

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Closer scrutiny for inheritance tax valuations

The rules on how estates are valued for inheritance tax could be tightened up.

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