The House of Lords inquiry into HMRC’s progress in implementing Sir Amyas Morse’s loan charge review concluded that, 12 months on, HMRC has come up short in a number of areas.

2 minutes

Some NHS workers may be taking home less than 30p in the £1 for overtime worked, and others may inadvertently fall into a pensions tax trap where marginal tax rates are over 100 per cent, effectively paying to work.

2 minutes

A wealth tax has not been seriously considered in the UK for 50 years, but with the need to raise additional revenue as a result of COVID-19 the option has been garnering increased interest. The question is not a straightforward one - the options are various, including whether it should be a one-off or annual charge, UK or world-wide, all assets or only specific ones?

3 minutes

With the rise in the value of Bitcoin, investors may have decided to cash out and protect their gains – which will have tax consequences.

3 minutes