You may not need to pay all of your second self-assessment payment on account if your liability for 2015/16 is less than it was the previous year. Introduction If ... Continue Reading
The LITRG is urging people in receipt of tax credits to complete their renewals by 31 July to avoid their payments stopping. Introduction The majority of tax credit ... Continue Reading
There are new rules designed to prevent workers engaged through an umbrella company from benefiting from tax and National Insurance contribution (NIC) relief for ... Continue Reading
Lower annuity rates may lead to more people taking money out of their pension flexibly – but the tax consequences should be borne in mind. Background Annuity ... Continue Reading
Lower annuity rates may lead to more people taking money out of their pension flexibly – but the tax consequences should be borne in mind. Background Annuity ... Continue Reading
TW Ed points out that HMRC's best VAT guidance on service charges is to be found in its... employer guidance. As I have already mentioned, I find HMRC’s ... Continue Reading
There is guidance available to help you avoid becoming the victim of scammers pretending to be HMRC. Introduction Always be careful when approached by people claiming ... Continue Reading
TW Ed points out a quite bizarre bit of guidance on the new .GOV website Introduction I recently gave a chat on the 2016 Budget to roughly 40 accountants. ... Continue Reading
TWEd points out that the UN has suggested that the UK’s austerity policy is in breach of its Human Rights obligations. Introduction This is a tax website, ... Continue Reading
The Income Tax calculation is now so challenging that even the Chancellor appears confused, says TWed Introduction We often hear that tax is to be made simpler. ... Continue Reading
