Income tax

There is "no overriding reason" why a merger of national insurance (NI) and income tax should not go ahead, an actuary says.

The Chancellor is set to target executive pensions as part of a crackdown on 'hidden' pay in a Budget aimed at boosting economic growth this week.

HMRC will bring in harsh new penalties for evading income and capital gains tax abroad from 6 April.

HMRC has issued a warning to the self-employed to ensure online tax returns are submitted by 31 January or they will face a £100 fine.

Private sector pensions cost the taxpayer more than public sector pensions in 2007/08, Richard Murphy, founder of Tax Research LLP says.

Changes to tax laws on the Isle of Man will allow companies to provide more competitive Qualifying Recognised Overseas Pension Scheme(QROPS) rates.

An illegal immigrant has been jailed for three and a half years after carrying out a £500,000 tax fraud.

Around 15 million people are facing long delays on their tax rebates as a result of HMRC revamping its security system.

Chief information officer Deepak Singh was paid £149,500 by HMRC to work three months beyond his leaving date.

The new reporting regime for offshore funds allows UK investors access to accumulating ETFs at a beneficial tax rate, according to industry experts.