April 2013

HMRC Crack Down On VAT Car Crime

April 29th, 2013|VAT|

HMRC has launched a new online system to tackle criminals who evade VAT on road vehicles they bring into the UK. Why does HMRC need a new online system? The new system will allow the [...]

HMRC Warns Landlords

April 24th, 2013|Landlords|

HMRC are targeting landlords who are not declaring their rental income. The amount you earn from leasing property must be included in your overall income. This includes entire houses, flats and holiday lets. You must [...]

Mummy Tax

April 23rd, 2013|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 [...]

2013 Budget Changes To Encourage Investors

April 19th, 2013|Budget|

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 of [...]

PAYE shake up has begun

April 16th, 2013|HMRC|

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 [...]

HMRC helplines to be made cheaper

April 15th, 2013|HMRC|

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 those [...]

Sugary Drinks Tax

April 11th, 2013|Tax News|

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 [...]

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