As part of a compliance check into the tax returns of two company directors, the information notices issued by HMRC included a request to see private bank statements as well... read more →
HMRC has warned that self-assessment penalty notices for 2017/18 may not be issued until the end of April. The £100 penalties are normally issued in February. The deadline for submitting... read more →
Buy-to-let investors will be hit by another notch up of the tax ratchet When George Osborne announced in his summer 2015 Budget a variety of tax changes aimed at discouraging... read more →
A European Court decision from 1990 is suddenly raising questions about a key element of pension taxation. On 17 May 1990, the European Court of Justice decided that gender equality... read more →
Your April pay may look much the same as March’s, but it is worth giving your pay slip a close look. If you are an employee, your April pay slip... read more →
UK inflation fell below 2% for the first time in two years January 2019 saw the lowest level of inflation since January 2017, with the rate recorded at 1.8%. The... read more →
Dividend payments from UK companies in 2018 once again outpaced annual inflation Your income could have increased by more than double the rate of CPI inflation in 2018. Link Asset... read more →
The government will reassess its controversial proposed loans charge rules, which are intended to address disguised remuneration, typically via non-UK trusts or umbrella companies. The loan charge is due to... read more →
Employees are looking for more tailored benefits packages that will reward their loyalty to an organisation, as attitudes to careers and workplace benefits evolve. The nature of work has changed... read more →
The tax burden in the UK is shifting on to the younger generations, according to new research. Baby boomers paid £63 billion in income tax in the 2015/16 tax year,... read more →
