tax

A tax avoidance scheme sold by serial avoidance promoter NT Advisors has lost its third bid for legitimacy, saving the country £100m, HM Revenue & Customs (HMRC) has said.

MP John Redwood has told investment managers they are unlikely to successfully challenge the upcoming tax changes to LLPs unless they build a stronger argument.

Ed Balls has dismissed claims Labour's plan to reintroduce the 50p top rate of tax is part of an "anti-business agenda" and said the move would be temporary.

Chancellor George Osborne has warned Britain still faces "painful cuts" in its efforts to achieve a stable economy.

An offshore tax avoidance scheme used by Aberdeen Asset Management to pay its employees tax-free bonuses has been closed by Scotland's most senior court.

The country's top rate of tax has dropped from the fifth to 11th highest in the European Union, according to KPMG.

Prime Minister David Cameron has appointed former banker Sajid Javid as financial secretary to the Treasury following the latest reshuffle of the Cabinet.

Prime Minister David Cameron has pledged to continue cutting taxes for what he calls the "hardworking people in our country".

A Labour Party proposal to re-introduce Stamp Duty Reserve Tax (SDRT) for funds would cost retail investors £145m a year, the Investment Management Association (IMA) has claimed.

Labour will reverse a planned rise in business rates for small firms if it wins the next election, party leader Ed Miliband is expected to say today.