by Darren Fagan | Feb 23, 2018 | Tax News
With the new tax year fast approaching, HMRC have released the new thresholds for the 2018-19 tax year. We are going to split the various areas into their own sections. Tax Thresholds, Rates and Codes The amount of Income Tax you deduct from your employees... 
by Darren Fagan | Feb 12, 2018 | Tax News
Confusion about the operation of inheritance tax (IHT) is growing, with over two thirds of those liable not knowing the threshold for the standard nil rate band of £325,000, according to a survey by Canada Life The insurer found that among adults over the age... 
by Darren Fagan | Jan 19, 2018 | Tax News
HMRC has opened its tax-free childcare scheme to parents who have children under the age of nine, with the scheme opening to all remaining eligible families on 14 February, after full rollout was delayed due to the service experiencing IT difficulties Tax-free... 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...