The legal test case for Section 660 - the married couple's business tax - will not be heard before the income tax self-assessment deadline of January 31, 2007. This could leave thousands of small businesses in a state of limbo as they are unsure of the legal situation before having to complete their tax returns.

Blackpool based specialist contractor accountants, Danbro, have this week completed an investment in its IT solutions worth more than £30,000. The new GEL software which has been introduced will enable the firm's large client base, primarily made up of contractors, to handle their accountants and finances quickly and easily online.

Millions of pounds worth of PEP and ISA savings could be wiped out by inheritance tax (IHT) bills as many people cling onto their tax efficient savings without realising that 40% tax would still potentially apply on death. It is estimated that around £0.5bn or one sixth of the annual IHT take of around £3bn comes from PEPs and ISAs.