Tax
Game, set and match when you let your spare room
With Wimbledon coming up, ICAEW is encouraging residents to serve their best shot and let out furnished rooms in their home for spectators.
Brits turn to the net for estate planning
Britons are turning towards the internet for advice on estate planning, according to research by Standard Life.
Olympics site contractors reminded of tax rules
Companies working on construction projects for next summer's Olympic Games are warned that HM Revenue & Customs (HMRC) will crack down on tax, National Insurance or national minimum wage breaches.
HMRC launches new task forces to tackle tax dodgers
New task forces to tackle tax dodgers were announced today by HM Revenue & Customs (HMRC).
People urged to beware of scam HMRC emails
A rash of scam emails, appearing to have been sent by the tax office, have sparked a warning from Peterborough accountants Rawlinsons.
Government to clamp down on tobacco smuggling
Tough new plans to tackle the illicit tobacco trade have been published by HM Revenue & Customs (HMRC).
Brits without a Will in the world
More than half (51%) of British adults don't have a Will drawn up, according to research by Standard Life.
ICAEW highlights tax benefits of wedding gifts
With Royal Wedding fever sweeping the nation, many individuals and businesses will be thinking about wedding gifts for the forthcoming wedding ‘season'.
Inheritance tax is Britain's second biggest tax waste area
Unbiased.co.uk's annual Tax Action Report reveals that UK taxpayers will waste nearly £1.3 billion this year due to poor inheritance tax (IHT) planning. This tax wastage is only set to increase further in the future after the chancellor announced in 2010 that the threshold would remain frozen for four years at £325,000 rather than rising in line with inflation.
Tax credit claimants reminded to renew
Tax credit claimants have been reminded by HM Revenue & Customs (HMRC) to renew claims by the 31 July deadline or their payments may stop.
Value of windfalls blown away by inflation
New research from Schroders, the global asset manager, reveals that in the last two years over 14 million people have received a lump sum payment of at least £500 from bonuses, inheritance and cash gifts.
Spring PAYE alert for employers
HM Revenue & Customs (HMRC) has issued an alert to employers about key PAYE changes coming in this spring.
Charities lose out in wills, according to Standard Life
Prior to the recent Budget nearly three quarters (71%) of the UK population said they wouldn't leave money to charities in their Will, according to research by long-term savings and investment company Standard Life.
File your tax return on time and avoid the new penalties
Most people file their tax return on time. Make sure you are one of them by filing your 2010/11 Self Assessment Return on time to avoid the new penalties, HM Revenue & Customs (HMRC) said today.
Final warning to offshore tax dodgers
HM Revenue & Customs (HMRC) reminded tax evaders hiding money offshore that from 6 April 2011 they could face new penalties of up to 200 per cent.