National press reports earlier this year indicated that HM Revenue & Customs had ‘lost’ around £1.3Billion in National Insurance Contributions. TaxationWeb’s ... Continue Reading
James Bailey looks at the 'Subject Access Report' and how taxpayers can use it. Introduction - Relying on Advice from HM Revenue & Customs My heart ... Continue Reading
HM Revenue & Customs (HMRC) is piloting telephone 'education' for owners of new businesses. This involves calling the 'customer' and offering "...to talk them ... Continue Reading
Unwanted Mail from HM Revenue & Customs I recently received a 'PAYE late payment penalty warning' letter from HMRC for my company in respect of the 2011-12 ... Continue Reading
Malcolm Finney outlines the conditions for a valid disclaimer, and its implications for Inheritance Tax purposes. Introduction - What is a Disclaimer? Inheritance ... Continue Reading
James Bailey warns that the 'Only or Main Residence' Exemption can be denied or restricted in certain circumstances. Introduction Everyone knows that ... Continue Reading
Peter Arrowsmith FCA highlights a selection of NIC matters, and provides a helpful tip for elderly couples. Reliefs Being Abolished The recent publication ... Continue Reading
LITRG’s guide to HMRC’s forthcoming tax repayment letters advises you to make sure yours is right (neither too much nor too little) and check whether ... Continue Reading
Mark McLaughlin looks at the tax rules for jointly held property, and highlights a recent tax case. Introduction The tax legislation includes specific ... Continue Reading
Lee Sharpe considers HM Revenue & Customs' current strategy for campaigns. Introduction HM Revenue & Customs picked a bad week to launch their new VAT ... Continue Reading
