HMRC issues public warning on tax avoidance

Accountancy Live: In the drive to clamp down on tax avoidance, HMRC has issued a somewhat confusing leaflet aimed at the public entitled ‘Tempted by Tax Avoidance?’

Full story: http://www.accountancylive.com/croner/jsp/Editorial.do?channelId=-601014&contentId=2704480

Concern IHT 'pilot' trust tax change could be retrospective

Money Marketing: Concerns have been raised that changes to the inheritance tax treatment of so-called ‘pilot’ trusts could be applied retrospectively.

Full story: http://www.moneymarketing.co.uk/iht-/-tax-planning/concern-iht-pilot-trust-tax-change-could-be-retrospective/1075466.article?

Inheritance tax burden becoming a top priority

Mortgage Introducer: Reducing inheritance tax liabilities is becoming the number one priority for a growing number of households, independent financial advisory group deVere’s has said.

Full story: http://www.mortgageintroducer.com/mortgages/247214/4/Daily_news/Inheritance_tax_burden_becoming_a_top_priority.htm?

Childcare vouchers for couples earning up to £300k

Accountancy Live: The government is consulting on plans to introduce a tax-free childcare scheme for working families despite cutting the child benefit scheme for higher paid earners earlier this year. Under the outlined proposals, the scheme will be available for couples earning up to £300,000.

Full story: http://www.accountancylive.com/croner/jsp/Editorial.do?contentId=2694862

Middle classes targeted as tax evasion prosecutions double

Daily Telegraph: The number of criminal prosecutions for tax evasion has more than doubled in the past year as middle-class professionals are increasingly being targeted for ­investigation.

Full story: http://www.telegraph.co.uk/finance/personalfinance/consumertips/tax/10221452/Middle-classes-targeted-as-tax-evasion-prosecutions-double.html

HMRC tax evasion prosecutions double

Accountancy Live: HMRC prosecuted twice as many people for tax evasion in 2012 compared with the twelve months previously.

Full story: http://www.accountancylive.com/croner/jsp/Editorial.do?channelId=-601043&contentId=2689379