Tax & Technical
2.5 million UK adults to be dragged into higher rate tax band
But ‘now have a much bigger incentive to put more money into their pensions’
EU regulators scrutinise Priips ‘poor practices’
And set out expectations on how information needs to be presented to retail investors
Pension savers recoup more than £22m in tax
As ‘clunky’ and ‘complex’ system blamed for overpayments
Shift to residence-based taxation ‘would cost the US nothing’
Campaign group argues that rights recently afforded to companies should be extended to individuals
Taxman nets £6.1bn in IHT
£700m more than the previous 12 months and frozen bands mean it is set to go even higher