Treasury set to review tapered annual allowance for pensions
Following repeated disputes and calls to abolish it, the Treasury has announced plans to review the tapered annual allowance for pensions. The scheme currently applies to those with a taxable adjusted income of more than £150,000 and a threshold income over £110,000....
How your residence and domicile status affects how much tax you pay
For most people living in the UK, the question of what income and gains should be included on their tax return is easily answered because they are both UK-domiciled and a UK tax resident. Anyone domiciled and resident in the UK needs to report their worldwide income...
Treasury urged to reconsider buy-to-let crackdown
The Intermediary Mortgage Lenders’ Association (IMLA) is urging the Government to stop its crackdown on the buy-to-let market.The calls come following evidence which shows the negative impact the tax changes have had including forcing some landlords out the private...
