HMRC is blocking valid tax repayments by imposing a four-year rule which the Upper Tribunal says does not apply.
Chancellor Osborne opened a large can of worms with his ‘surprise’ announcement that the annual tax return would be phased out by 2020.
It’s the first Budget of the year and George Osborne is expected to scrap the annual paper tax return and further increase the personal income tax allowance.
HMRC have released a list of the 10 worst excuses for missing the 31 January tax return deadline, however there are a number of cases where HMRC’s limited definition for what constitutes a reasonab
So it’s January, hurray!
Each year, AccountingWEB tries to lend a hand to stressed practitioners during one of the busiest times of the year: Self assessment season.
Hi, my client changed from a sole trader to Partnership in June 2013 and I am just completing the 2014 Tax Returns for the partners.
Currently where a person owes tax of up to £3,000, the tax may be coded out through the taxpayers PAYE code.
The recent case of Samantha Gibson v HMRC examined whether amounts paid under a maintenance grant could be subject to tax as benefits in kind where the taxpayer was employed by the ex-husbands comp
- Declaring dividends in self assessment tax returns 27,391 10
- Dealing with foreign dividends 24,045 5
- Correcting errors on previous returns 17,383 3
- Get ready for self assessment again! 17,078
- End of tax returns: Expert view 15,964 48