MT Financial News - March 2014

From time to time, we produce information for clients on a number of topical and important issues, some of which can be found below:

Brits set to ‘pay taxman £4.7bn more than needed’

New research suggests that UK taxpayers are set to waste almost £5 billion this year by paying more tax than necessary.

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Annuities market ‘closing door on consumers’

The first in-depth study of the annuities market has concluded it is not working well for consumers.

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Average IHT bill tops £160,000

Estates that paid inheritance tax (IHT) in the UK faced a bill of nearly £166,000, according to new analysis of the most recent HM Revenue & Customs data.

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