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Consiliums Blog

Welcome to Consilium's Blog

No change for IHT and CGT

The budget as expected was a bit of a damp squibb. With the state of the public finances it’s no surprise that yesterdays budget has been described as boring.

One surprise was that CGT has not been altered

The rate of tax for mainstream CGT remains at 18% and the annual exempt amount of


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Created on: Thu 25 March 2010 04:49 Last modified: Fri 04 May 2012 08:05
This article was posted in Tax Planning and tagged with capital gains tax, inheritance tax planning
 

Wealthy Tax avoiders get hit for £373 million

hmrcHMRC started to tighten their grip on tax avoidance last year. It has been reported that £373 million in revenue was received as a result of targeting tax avoidance schemes. This represents a 21% increase on the previous year.

Figures obtained under the Freedom of Information Act show the result


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Created on: Wed 17 February 2010 12:32 Last modified: Fri 02 March 2012 10:09
This article was posted in Tax Planning and tagged with capital gains tax, inheritance tax planning, tax
 
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