by Darren Fagan | Oct 19, 2018 | Tax News
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...
by Darren Fagan | Nov 17, 2017 | Business, Tax News
HMRC has increased its interest rates for late paid tax and NIC from 21 November 2017 by 0.25% but no increase to repayment interest rates. The current late payment and repayment interest rates applied to the main taxes and duties that HMRC currently charges...
by Darren Fagan | Nov 10, 2017 | Business, Tax News
In the run up to January’s online self assessment tax return deadline, the Low Incomes Tax Reform Group (LITRG) is warning of the risk that HMRC will issue any repayments due to last used debit or credit card, rather than the bank payment instructions entered on the...
by Darren Fagan | Oct 20, 2017 | Business, Tax News
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...
by Darren Fagan | Oct 6, 2017 | Tax News
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...
by Darren Fagan | Sep 29, 2017 | Tax News
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...
