Tax News

With the removal of the 10pc tax band high on the government agenda, new research from Unbiased.co.uk, the Find an Independent Financial Adviser search, shows that there are taxation issues that Brits would like to bring to the Chancellor's attention.

HM Revenue & Customs (HMRC) is urging employers to file their PAYE end-of-year returns by the 19th May deadline, or they could face a penalty.

TISA welcomes the Government's announcement today that the Bond Exchange of South Africa has been designated as a ‘Recognised Stock Exchange' by Order of the Commissioner for HMRC.

UK adults fuelled a black economy worth over £6.6 billion over the past year, according to the latest TaxAction report from Unbiased.co.uk.

Employers can see for themselves just how easy it is to file their end-of-year return online, in a new video podcast from HM Revenue & Customs (HMRC).

Millions of new look tax returns will be dropping onto doormats from this week, following a revamp of the main self assessment (SA) tax return.

Commenting on the new Joseph Rowntree Foundation report, 'The impact of benefit and tax uprating on incomes and poverty', Child Poverty Action Group's Head of Policy, Paul Dornan, said:

In response to today’s report from the Treasury Select Committee, the National Consumer Council calls on the Government to address the needs of the UK’s five million working poor who will be penalised by the abolition of the 10p tax rate.

UK adults will waste almost £9.3 billion in unnecessary tax in 2008, according to the latest TaxAction report from Unbiased.co.uk.

Charities are bracing themselves for a major drop in funding when income tax is lowered to twenty pence in the pound next month (6th April 2008).