Investors are currently charged 0.5% tax whenever they purchase shares, but chancellor Gordon Brown may use his address to scrap the charges.
London Stock Exchange chairman believes this costs the average person with a pension around £156 a year.
Among other changes, Brown has been predicted to:
- Simplify rules on ISAs
- Scrap savings tax
- Increase personal allowances
- Increase council tax on second homes
- Raise the inheritance tax threshold
Report argues that the government must change the way it makes tax and budget decisions
Drastically fewer offices for HMRC in the hope to reduce their running costs
Tayabali Tomlin and d&t directors launch £20 a month TaxGo service, aiming to be the 'biggest UK firm' by client numbers
Companies must report on their complex financial structures including offshore accounts and notify HMRC