The tax department has this year faced criticism and concern regarding the delivery so far of the MTD programme for freelancers and private landlords, which is due for significant expansion HM Revenue and Customs will undertake an “intensive” campaign of communications to provide information to the near-two million citizens being brought in scope of the
HMRC ‘don’t ignore’ tax letters being sent in days – key details – The Mirror Need to know HMRC officials are advising people what to look out for when the letters drop through letterboxes in October (Image: Laurence Berger via Getty Images) HMRC letters being sent to homes within days – what you need to
Financial planners warn we still don’t know the full impact of the new tax A major new tax on pensions is coming in(Image: Getty) Families face further administrative burden as a new tax is being brought in on pensions. A financial planning group has warned that people will need to have a list of details
Some taxpayers could receive another Simple Assessment after HMRC receives updated information about interest earned on their savings. Some taxpayers could receive another Simple Assessment after HMRC receives updated information about interest earned on their savings.(Image: Peter Dazeley/Getty Images) HM Revenue and Customs (HMRC) has issued guidance for people who could receive a second tax
The number of Britons moving abroad is likely to be higher as not all taxpayers who leave the country permanently will file a P85 with HMRC. Those set to relocate from Britain for at least one full tax year must submit the form if they wish to claim back income tax. The rise in workers
With the Treasury under pressure, raising the rate to bring it closer to income tax may look attractive on paper, but it could be a reckless move that leaves the Government collecting less tax, not more. Our analysis suggests that equalising Capital Gains Tax rates with income tax could reduce Exchequer revenues by approximately £7.8bn
Professional services group S&W has appointed Rosemary Prendecki and Andrew Robinson as partners as it continues to expand its transactions tax practice. Rosemary joins from EY, where she was a partner in the private capital transactions team, advising private equity investors, portfolio companies and corporate sponsors, particularly across the mid-market. She said: “I am delighted
New letters are being sent out to people from October and HMRC has advice on what to look out for New HMRC letters will begin dropping through letterboxes within days(Image: Laurence Berger via Getty Images) HMRC tax letters are set to land on the doormats of some UK households from next month – and officials
National law firm Freeths, headquartered in Nottingham, has appointed Heather Gibson as partner in its tax team, strengthening its expertise across corporate, private equity and real estate taxation. Heather joins from Addleshaw Goddard and brings nearly 20 years’ experience advising on the tax aspects of corporate transactions, private equity investments, management buyouts and cross-border matters.
Around half of UK pensioners are eligible for a reduction on their annual council tax bill but are not claiming. According to a report by Policy in Practice and the Independent Age charity, this means that around 1.65 million people are missing out on support. This includes 1.37 million in England. Overall, £1.7bn of council