by Town Close Financial Planning | Nov 26, 2017 | Tax News
History was made last week as the first Autumn Budget was delivered to Parliament. People were keen to hear which policies Mr Hammond would reveal to keep his commitment of delivering a strong, fair and resilient economy. Read the Budget Summary with all the key... 
by Town Close Financial Planning | Nov 23, 2017 | Tax News
Introduction Since the Spring Budget, the UK has held a General Election, the negotiations to leave the European Union have continued – not always at breakneck pace – and there has been the usual collection of mixed news for the UK economy. The General Election... by Town Close Financial Planning | Sep 25, 2017 | Tax News
A landlord from Hampshire was jailed for over two years in August this year after failing to declare Capital Gains Tax from the sale of properties, amounting to an evasion of £157,725. After being arrested at Gatwick Airport on his return from holiday in Turkey in... by Town Close Financial Planning | Sep 19, 2017 | Pension & Retirement News, Tax News
The total tax paid by those exceeding their lifetime pension allowance amounted to £36 million in 2014/15, climbing steeply from £20 million in 2014/15 and equating to an 80% rise. The figure has climbed in recent years from £12 million in 2012/13 to £19 million in... by Town Close Financial Planning | Sep 17, 2017 | Tax News
Jean-Baptiste Colbert, France’s celebrated 17th century finance minister under King Louis XIV, famously said the following: “The art of taxation consists in so plucking the goose as to procure the largest quantity of feathers with the least possible amount of... by Town Close Financial Planning | May 8, 2017 | Tax News
It’s hard to imagine Chancellor Philip Hammond’s proposed changes to National Insurance for the self-employed going down any worse than they did last month, with the government’s decision to do a u-turn on the hike within a week of announcing it demonstrating just how...