A recent report looking at who pays the most income tax reveals some interesting findings.

New figures show HMRC's customer compliance efforts are yielding substantial sums.

Is a state pension age (SPA) of 75 looking more likely? 

Recommendation

The SPA should better reflect the longer life expectancies that we now enjoy and be used to support the fiscal balance of the nation.

There are currently long delays in gaining probate on the estates of the recently deceased.

Stock markets, as well as some family holidaymakers, experienced a rollercoaster August.

A plummeting pound, volatile bond and stock markets, a superpower trade war, a looming global recession, and political turmoil over Brexit - it's only human to be rattled in the face of all that.

Since the end of August savings rates have tumbled unceremoniously, making life harder for savers looking for a good deal.

In the latest Trusts and Estates Newsletter HMRC has confirmed the continuation of the interim arrangement for interest reporting.

In earlier newsletters we reported that hospital doctors and GPs were lobbying the government to amend the pension tax rules as the current system of restricting tax relief on pension contributions means many doctors paying almost all of the extra salary back in tax if they take on additional responsibilities or work additional shifts.

The Office of Tax Simplification (OTS) have undertaken a detailed review of Inheritance Tax (IHT), which is perceived by many as a complicated tax.

The recent problems with the suspension of dealings in a heavily promoted UK equity income fund have exposed the blurred line between advice and guidance.

Britain's Financial Conduct Authority said a strong case could be made for regulating how financial products are marketed following a surge in online promotions.