Student Loan Repayment Threshold Increases by 2.9%

The government has increased the loan repayment thresholds for student loans by 2.9% and confirmed the introduction of a postgraduate loan system deductible from PAYE effective April 2019 The increase in Student Loan Plan 1 and Plan 2 thresholds will take effect from...

Warning of Fake HMRC VAT Email Scam

Cyber criminals have been targeting UK taxpayers with fake VAT return messages claiming to come from HMRC which, when opened, could infect PCs with a Trojan virus and allow them to take over the victim’s computer, according to information security specialists...

Dividends Tax Rules – How this Affects you

THERE MAY BE MORE TAX TO PAY ON YOUR DIVIDENDS IN JANUARY The rules for taxing dividends changed radically from 6 April 2016 with the removal of the 10% notional tax credit and the introduction of new rates of tax on dividends. For many taxpayers there will be more...

HMRC Confirms End of Traditional Tax Return

HMRC has provided more details of the new simple assessment system, designed to end the traditional tax return process, under which taxpayers who used to provide information under self assessment will no longer need to do so, as returns will now be pre-populated with...