VAT Late Returns
VAT Late Returns Campaign... Businesses that have failed to submit VAT returns are to be targeted by HMRC. As many as 50,000 will be targeted by HM Revenue and Customs (HMRC) this month with warnings [...]
January 2013
Self Assessment Tax Return Guide
Why have I been sent a self assessment tax return? HMRC only issue a self assessment tax return when they deem it necessary. For most people filing a tax return is not necessary, the majority [...]
Tax Credit Overpayments
Concerns are being raised over the collection of tax credit overpayments. Campaigners have called on the government to ensure debt collectors have high standards when collecting tax credit overpayments. This appeal comes after a pilot [...]
Child Benefit Tax Charge
Some families have not been notified of child benefit changes relevant to them. From 7th January child benefit became means tested and families where at least one partner earns £50,000 per year are now entitled [...]
Tax Relief for Parents
Tax breaks are to be offered to working parents with children under the age of five. The purpose of the coalition’s new proposal is to help reduce the cost of childcare for families and is [...]
Tax Refund Timescales
If you think you might be due a PAYE tax refund then knowing when to make a claim by is important. It is often possible to make a tax refund claim for the last four [...]
Accountant – Do I Need One?
Do I Need An Accountant? With the self assessment tax return deadline fast approaching it is a question some people will be asking - do I need an accountant? It is sometimes best to get [...]
Child Benefit Deadline 6 January 2013
If you are a higher earner the deadline to opt out of receiving child benefit is on the 6 January this year! You should have been notified in writing by HMRC of the new changes [...]
HMRC Targeting Swiss Bank Account Holders
Huge fines are on their way to hundreds of UK taxpayers with Swiss bank accounts. This is unless they take the last chance that is being offered to them by HMRC to pay any tax [...]
Tax Help For Parents
Parents could be granted tax breaks to help with nursery costs, a new government proposal suggests. Ministers are in discussions over plans which would make up to a third of childcare fees tax-deductible. This recommendation [...]