Capital gains, pensions and inheritance are just some of the areas the government may look at to raise taxes in the Budget, according to Nicholas Nesbitt, partner at Forvis Mazars. (Source FT Adviser)
CGT, pensions and IHT potential areas of focus in Budget Read More »
Government data found 2021-22 was a “record breaking” year for venture capital trusts as investors increased by 32 per cent.
The data showed the number of VCT investors who claimed income tax relief rose to 25,800 in 2021-22.
This covers those that made claims through self-assessment rather than other forms, like PAYE.
HMRC said the increase in investment in the period could show the impacts of the pandemic were lower than expected.
VCTs have ‘record breaking’ year as investors rise by 32% Read More »
Chancellor Jeremy Hunt has indicated further tax cuts could be on the cards, at the World Economic Forum in Davos last week (January 18).
Speaking to a group of journalists in Davos – including the Financial Times – Hunt described lower tax economies like North America and Asian as “more dynamic and more competitive” saying this was the direction he wanted to move in.
Chancellor hints at further tax cuts ahead of Budget Read More »
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