Tax News - March 2015
From time to time, we produce information for clients on a number of topical and important issues, some of which can be found below:
Pension freedoms offer new IHT planning options
Sweeping changes to the way people access their defined contribution pension savings are just days away.
Tax summaries go online
More than eight million taxpayers who filed their 2013-14 tax return electronically by the 31 January deadline can now access their tax summary online.
Marriage allowance comes a step closer
Married couples and civil partners can now register to receive a new tax break.
Charities offered new web service
Charities can now register their details online with HM Revenue & Customs (HMRC).
Taxpayers urged to challenge error penalties
Taxpayers who filed returns by the self assessment deadline of 31 January, but who made a mistake on their forms, could be facing a demand from HM Revenue & Customs (HMRC) for an inaccuracy penalty, tax campaigners have warned.
Webb calls for pensions tax relief reform
Pensions Minister Steve Webb has called for a 33 per cent flat rate to be introduced for pensions tax relief, replacing the 40 and 45 per cent rates for higher earners.
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