As the fifteenth anniversary of ISAs approaches, the next tax year’s annual ISA allowance of £15,000 is likely to encourage savers and, with interest rates remaining low, stocks and shares ISAs are looking increasingly attractive.
The UK bingo industry has welcomed last week’s Budget tax cut and announced plans to reinvest the savings in jobs and revitalising the sector.
More than 70,000 employers are being urged to send employees’ Pay As You Earn information in real time or face penalties, HMRC has announced.
Legal & General has announced the launch of a free to download tax app for smart phones and tablets.
Small businesses are being urged to consider a scheme that allows them to be taxed on money that flows in and out of their business, rather than using full accounting rules.
20 million British workers do not know the basics when it comes to the amount of tax they pay, according to a new report compiled by cloud based accountant Boox. This year, 10.9 million people will be expected to complete self-assessment tax returns – more than ever before.
Almost 33,000 households had their benefits capped by November 2013, new figures reveal.
Communities Secretary Eric Pickles hails the introduction of a national Council Tax discount worth £5.3 million for family annexes.
Names of tax cheats have been published on the HMRC website.
An e-commerce roundtable discussion that took place in Brighton recently found that many digitally-based enterprises are reluctant to expand into certain international markets due to a high VAT rate for businesses.
Schemes designed to get around the Annual Tax on Enveloped Dwellings will have to be disclosed to HMRC.
Measures introduced by this government to cut fraud and error have saved £6.5 billion - nearly £400 for every working family in the country.
This month, HM Revenue and Customs (HMRC) will be writing to around two million higher rate taxpayers, including those affected by recent changes to Child Benefit.
Taxpayers who have failed to submit tax returns are being offered the chance to come forward and pay up under a new HMRC campaign.
HM Revenue and Customs (HMRC) has confirmed that it is working with the United States and Australian tax administrations (the IRS and ATO) on data which reveals extensive use of complex offshore structures to conceal assets by wealthy individuals and companies.
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