Lots of people have started receiving calls from telephone number 01273252080. They are pretending to be from HMRC threatening legal action. They are targeting elderly individuals. They call mobile phones. The treat includes court action and ceasing of credit cards, bank accounts and driving licence. This is what you should do Disconnect Call Do […]
We would like to bring to your attention the changes to the minimum wage and national living wage rates effective as of 01st April 2018. The government National Living Wage (NLW) is the minimum pay per hour most workers aged 25 and over which is entitled to by law. This is £7.83 an hour which […]
2016/17 2017/18 2018/19 £ £ £ Income tax rates – (non-dividend income) 0% – starting rate for savings only note 1 Up to 5,000 Up to 5,000 Up to £5,000 20% basic rate tax 11,001 – 43,000 11,501 – 45,000 11,851 – 46,350 40% higher rate tax 43,001 – […]
From this September, HMRC have made requirement for all business using online tax accounts to register for a 2 step verification. The aim of this is to provide user with greater security and safer online security. If you are not already using it, when you log into your tax accounts it will ask you […]
Are you a parent? Are you receiving child benefits, child tax credits? Is your child 16+? If the answer is yes then this information will come in useful to you. As result have been released over England, Wales and Northern Ireland you need to inform HM Revenue and Customs of your child’s educational status […]
HMRC recently announced that from the 4th September they will no longer be issuing paper base copies of the SA302 to their tax payers or agents. The SA302 is effectively HMRC’s version of an individual’s income tax calculation for a respective tax year. It is usually issued by HMRC, upon request, following the submission of […]
TAX INVESTIGATION CASE STUDIES Contractor/ Freelancer Clients VAT – HMRC have been increasing active in the contractor market, particularly where the Flat Rate Scheme is concerned. By the time we’ve dealt with the visit and the questions that arise, you’ll be £750 out of pocket. Or subscribe to the tax investigations service and let us […]
TAX INVESTIGATION PROTECTION In the past, HMRC’s role was to ensure that you or your business paid the right amount of tax. However, in recent times, its key objective has changed to maximise the amount of revenue it can collect from taxpayers. Indeed, over the next 12 months, HMRC is aiming to collect an additional […]
Not so long ago HMRC’s priorities included improving customer service and ensuring that individuals and businesses were only asked to pay the right amount of tax at the right time. However, we now live in a harsher reality. HMRC’s key objectives have changed and include the target to ‘maximise revenues due’ and ‘to transform tax […]
When parliament makes the law we all expect the law enforcement bodies to implement it in a fair and equitable way with common sense. Tax is a law and HMRC is the enforcement arm of the government. Like all other government institutions, they simply execute the law and they are not allowed to interpret as […]