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Pension savers given longer to notify providers about flexible withdrawals

Pension savers that take advantage of new freedoms to access their money would have 13 weeks to tell pension providers that they are exercising their new flexible access to pension rights, under new plans outlined by the UK chancellor. 25 Nov 2014

Tax Tribunal backlog reaches record high

The backlog of tax disputes waiting to be heard has reached a new record high with a particular surge in the number of high value cases lodged with the Upper Tribunal, according to Pinsent Masons, the law firm behind 25 Nov 2014

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Government dilutes plans for direct recovery of debts by HMRC

The government will proceed with plans to give HM Revenue & Customs (HMRC) new powers to withdraw funds directly from bank accounts to claim unpaid taxes from debtors, but has introduced new safeguards in light of criticism of those plans. 24 Nov 2014

UK government may have "grossly underestimated" potential tax avoidance implications of new pension freedoms

The UK government may have "grossly underestimated" workers' desire to pay a larger proportion of their salaries towards their pension savings once access restrictions are removed, according to an employee benefits consultancy. 05 Nov 2014

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Expertise in Private Wealth Tax

High and Ultra high net worth individuals, non UK domiciled indviduals, shareholders and their trustees and family foundations all need to be able to manage their tax affairs to best effect for their businesses, their families and themselves.

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