In April 2016 the new National Living Wage was introduced, increasing the minimum wage for some, but possibly having an adverse effect for those claiming Carer’s ... Continue Reading
The LITRG has produced a printable guide and website material to assist serving personnel, veterans, their families and advisers to check that they are paying the ... Continue Reading
LITRG urges anyone who has not yet filed their online self-assessment tax return for the year ended 5 April 2015 to do so by 30 April or risk more penalties. Background ... Continue Reading
If you are a Scottish resident, from 6 April 2016 you pay the Scottish rate of income tax and your tax code should start with the letter “S”. Introduction If ... Continue Reading
TW Ed sets out to bust 10 myths about tax avoidance. And invites some of the finger-pointers to engage in a bit of double-jointedness. Introduction I broadly welcome ... Continue Reading
It is now possible for individuals who accompany their spouse or civil partner on an overseas posting to claim National Insurance credits that will count towards ... Continue Reading
From 1 April, workers on the National Minimum Wage, who are aged 25 and over, are entitled to a 50p per hour increase in their wage – the ‘National Living ... Continue Reading
Set out below are the main marginal rates of net income, with background calculation. Marginal tax rates are also included (or marginal tax+NIC rates, as appropriate) The ... Continue Reading
LITRG reminds individuals who give to charity under Gift Aid to check that they will still pay enough tax in 2016/17 to cover the amount of tax to be reclaimed. Background The ... Continue Reading
A review of the government's plans for business taxation over the next five years and beyond, by Heather Self and Eloise Walker of Pinsent Masons The Budget saw ... Continue Reading
