Tax
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Numbers of wealthy leaving the UK will keep rising, study finds
High net worth investors expect the number of wealthy people leaving the UK to keep climbing over the next three years, new…
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65% or 720,000 people are paying the UK’s highest rate of tax due to “fiscal drag”
720,000 people, or 65% of all those paying the UK’s highest rate of income tax are having to pay the 45% tax…
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Income tax retreat raises big questions ahead of Budget
A new Rathbones survey shows income tax worries rising ahead of the Budget, with 40% of UK adults concerned. As speculation intensifies,…
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Expert warns of eroded trust caused by the hidden cost of tax reforms on SMEs
CONFIDENCE among SMEs is being eroded by the Government’s constant changes to tax rates, a leading expert has warned. All eyes are…
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50 years of the 1975 Inheritance Act: is it time for reform?
Today marks the 50th anniversary of the Inheritance (Provisions for Family and Dependents) Act 1975. TWM Solicitors, a leading private client and family…
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One in eight business chiefs set to leave UK over tax burden
The leaders of one in eight (12%) small and medium-sized enterprises (SMEs) – equivalent to around 680,000 businesses out of the UK’s…
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Eight in ten savers say tax uncertainty is hurting their financial planning
The uncertainty around future tax changes is taking a toll on financial confidence. Nearly eight in ten people (78%) said it affects their financial…
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Tax allowance freezes adding hundreds of thousands to tax bills
With the Budget imminent and the Chancellor struggling to balance the books, many commentators are predicting extensions to tax allowance freezes. This…
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How a ‘two up, two down’ income tax/National Insurance shift would hit pensioners
AJ Bell’s Tom Selby cautions that Rachel Reeves’ plan to raise income tax while cutting National Insurance by 2 points would spare…
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How businesses can prepare for potential tax reforms in the upcoming Budget -Andersen LLP
As part of our Friday Focus feature we’re running on IFA Magazine today, we’re getting experts’ views on what they think might…
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