tax

The chief executive and a former director of the tax specialist arm of financial group Montpelier have been cleared of cheating the public revenue of £1m, after HM Revenue and Customs (HMRC) dropped the case against them.

Platforms could be hit with a £10m bill in order to make sure they comply with new EU tax rules, the Tax Incentivised Savings Association (Tisa) has warned.

Tax planning specialist Octopus has hired Shaun Sandiford from AXA Elevate to head up its relationships with platforms.

The pros and cons of the ‘Lifetime ISA’ plan

Savers could be forced to pay inheritance tax while they are still alive, under a new drive against tax avoidance planned by the government.

Former government chief whip Andrew Mitchell has invested in a high-profile film financing company considered to be a tax avoidance scheme by HMRC, according to reports.

A list of tax avoidance schemes whose users may be required to make an upfront payment of tax has been published by HM Revenue & Customs (HMRC).

Investment management and corporate advisory business Seneca Partners has launched an inheritance tax (IHT) service that allows investors to protect their legacy from IHT while at the same time giving a helping hand to British businesses.

Business executives and sport stars - among them David Beckham - have been warned they must pay HM Revenue and Customs more than £520m after a government crackdown on tax avoidance schemes.

Taxing times: Good and bad tax avoidance