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Protecting your savings: Millions face savings tax bill
As the Government continues its efforts to get public finances under control, new figures from HM Revenue and Customs (HMRC) show that more than 2.6 million people face a tax...
Understanding the impact of ‘stealth taxes’ on your finances
You will be paying tax on things without even realising. Charges such as VAT (Value Added Tax) and prolonged tax threshold freezes are often referred to as ‘stealth taxes. This...
HMRC trials ending Corporation Tax reminder letters: What does this mean for your business?
HM Revenue and Customs (HMRC) has launched a trial which ends Corporation Tax reminder letters being sent to businesses. Initiated earlier this month, this pilot scheme forms part of HMRC’s...
Does the Employment Allowance Scheme apply to all businesses – How do I check my company’s eligibility?
An important Government initiative for businesses in the UK is the Employment Allowance scheme. It’s important you check is if your business is eligible as there are certain restrictions in...
Taking control of your taxes to become simpler as HMRC announce brand new PAYE service
More than 35 million UK taxpayers will need to prepare for a brand-new service designed to simplify how they manage financial information. (more…)
UK Billionaire Tax Data Void Raises Concerns for Taxpayers
A recent report from the Public Accounts Committee (PAC) has revealed that HM Revenue and Customs (HMRC) is unable to determine how much tax is paid by billionaires residing in...
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