18% rise in non-doms as tax revenue jumps to £8.9bn
- Wednesday, 10 July 2024
- Articles
![HMRC HQ](/media/k2/items/cache/64028bd71998a8b004266847e4f987d9_Generic.jpg)
The number of non-domiciled taxpayers in the UK climbed 7% in 2023 and they paid £8.9bn in tax, according to the latest HMRC figures for 2023.
Read more...Phil Billingham: We need to tackle the 'distribution' gap
- Monday, 20 May 2024
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![Phil Billingham](/media/k2/items/cache/3cbe4e3526a72a7fa8d7837beef8f412_Generic.jpg)
The ‘Advice gap’ continues to crop up in the news, whether by way of being a problem for Artificial Intelligence to solve, or the source of regret from retiring consumers who did not, or could not, get timely and useful advice at a critical time in their lives.
Read more...AMPS warns of HMRC rejecting SSAS approvals
- Tuesday, 30 April 2024
- Articles
![AMPS website](/media/k2/items/cache/991d3210f28f1b3094a689433981abb8_Generic.jpg)
SIPP and SSAS provider body the Association of Member-Directed Pension Schemes (AMPS) has warned that an increasing number of Small Self-Administered Schemes (SSAS) approvals are being rejected by HMRC.
Read more...IHT receipts leap £400m to £7.5bn
- Tuesday, 23 April 2024
- Articles
![HMRC HQ](/media/k2/items/cache/5d52e52367a13ccf867ed80c78d494db_Generic.jpg)
New figures published today by HMRC have revealed that inheritance tax receipts for 2023/24 climbed £400m to a new record £7.5bn.
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