tax

Osborne has fought the tax

As the alternative investment market reaches its 20th anniversary this week, managers highlight some of the most impressive company successes - as well as the major failures on the junior market - over the past two decades.

It seems like Martin Wheatley's leaving present to the industry is an attempt to tackle the cash deposit market and easier transfers of cash ISAs.

An event highlighting the opportunities, challenges and risks for financial advisers and wealth managers accessing alternative investments returns to London later this year.

HMRC has secured £26.6bn from clamping down on tax avoidance and evasion in the last year, its annual accounts have shown.

Three problems with Osborne's policies

HMRC is to hold regular stakeholder forums to help clarify and develop the rules surrounding EIS, SEIS and VCT schemes.

The personal allowance will increase to £11,000 next year, while the higher-rate tax threshold will rise to £43,000, the Chancellor has said.

Corporation tax is to be cut further, to 18% by 2020, the Chancellor has announced.

High earners have had the tax relief on their pension contributions cut in today's Summer Budget.