Monthly Archives: April 2013

HMRC Crack Down On VAT Car Crime

HMRC Crack Down On VAT Car Crime HMRC has launched a new online system to tackle criminals who evade VAT on road vehicles they bring into the UK. The new system will allow the DVLA to check HMRC’s online records … Continue reading

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HMRC Warns Landlords

HMRC Warns Landlords HMRC are targeting landlords who are not declaring their rental income. If you are a landlord or non resident landlord you should make sure you are declaring all of your rental income to avoid penalties and an … Continue reading

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Mummy Tax

Labour criticise ‘mummy tax’ Labour MPs have warned that more than a million people, including working women will be affected by a new tax being introduced. More than a million people are going to be affected by a “mummy tax” … Continue reading

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Council Tax Rise Affects Poorest Households

Poorest households affected by council tax rise An anti-poverty think tank has told that it is the poorest households who have to pay more council tax now that the benefit changes have come into force.  The Joseph Rowntree Foundation has … Continue reading

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2013 Budget Changes To Encourage Investors

2013 Budget changes to encourage investors Some of last month’s Budget announcements were more welcome than others. Of those changes that could be classed as positive, many are designed to encourage investors. These changes include; a consultation on the merging … Continue reading

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PAYE shake up has begun

PAYE shake up has begun The biggest change the Pay As You Earn (PAYE) system has ever seen since it began- Real Time Information – was introduced recently. From now on employers are required to move to a new way … Continue reading

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HMRC helplines to be made cheaper

HMRC helplines to be made cheaper Currently taxpayers, who ring HMRC helplines for advice regarding their tax affairs, have no choice but to use expensive 0845 numbers. Phone calls to these numbers often result in high phone bills, particularly for … Continue reading

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Despite recession ‘Middle Britain’ is wealthier than ever

Despite recession ‘Middle Britain’ is wealthier than ever Recent figures have suggested that the ‘middle fifth’ of households in the UK pay less tax, own more properties and are wealthier than they were 35 years ago. The Office of National … Continue reading

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Sugary Drinks Tax

Will taxing sugary soft drinks curb childhood obesity? Health experts are suggesting that a 7p-a-can ‘fat tax’ on sugary soft drinks should be introduced to try and tackle the rising rates of childhood obesity. Experts from 61 organisations, including the … Continue reading

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US investment bank Morgan Stanley lose HMRC court battle

US investment bank Morgan Stanley lose HMRC court battle HMRC have won in a court case regarding a tax avoidance scheme involving US investment bank Morgan Stanley and FTSE 100 company Land Securities. HMRC’s victory will save the UK at … Continue reading

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