Tax and Financial Planning

When a geologist went missing in Angola in 1998 and was never heard from again, he was presumed to have been killed. Eventually, four years after his disappearance, his...

In 2011, HM Revenue and Customs (HMRC) challenged more than 10,000 Inheritance Tax (IHT) returns, according to accountants UHY Hacker Young. Each challenge yielded an average increase in IHT payable...

When a couple inherited a house from the deceased parent of one of them, they decided that they did not wish to retain it in the long term and subsequently...

John Charman, the husband in the biggest contested divorce settlement in the UK, has defeated an appeal by HM Revenue and Customs (HMRC) against a court order refusing disclosure of...

A bankrupt who is entitled to obtain a pension simply by asking for it cannot seek to have it protected from his creditors, the High Court ruled recently. The...

The theft of a disk from HSBC in Switzerland, data from which eventually found its way to HM Revenue and Customs (HMRC), has led to the conviction of a Berkshire...

For anyone who aspires to a life ‘messing about on the water’ and getting tax relief on the required expenditure, a recent tax case may prove something of a dampener. ...

A recent case heard in the Court of Appeal illustrates the beneficial Inheritance Tax (IHT) treatment of certain classes of assets and the advisability of taking advice on IHT planning...

The newspapers recently reported the sad case of Geoffrey Hough, an elderly man from Salford, Manchester, whose life savings of £56,000 had been fraudulently spent by his son-in-law. Mr Hough...

When a non-resident of the UK visited the UK with a view to becoming resident here, little did he realise that the decision would cost him nearly £100,000 in tax. ...