Tuesday 24 April 2012
Unbiased highlights £1.3bn IHT overpayment
Accountancy Live: Chronic tax inefficiency is resulting in the taxman being gifted £13.5bn, according to new findings. In the latest Tax Action Report by unbiased.co.uk, which gives a top level view of UK tax wastage but also delves in to specific area of tax such as tax credits, ISAs, inheritance tax and self assessment. It also explores how much tax people could have avoided paying by using better tax planning.