Personal tax

Pension lump sum tax implications not understood

Thousands of people could be pushed into the higher rate tax bracket if they take advantage of the new pension freedoms from April 2015, research by MGM Advantage has found.

Tax on inherited pensions abolished

The 55% tax charge on inherited pensions will be abolished from April 2015, the Chancellor George Osborne has announced.

New personal tax statement for 24 million people

From October 2014, around 24 million people will receive a personal tax statement from HMRC detailing how their taxes were spent, the Chancellor George Osborne has announced.

PM hints at inheritance tax change

The inheritance tax threshold should be raised above its current £325,000 limit for individuals, Prime Minister David Cameron has said.

Budget 2014: responses

Chancellor George Osborne delivered his 2014 Budget statement on 19 March 2014. Here is a round-up of reaction from industry bodies.

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