Further to the government’s announcement on 7 September 2021 HMRC have now released their less than positive impact statement on the 1.25% NICs increase.
Read MoreBoris Johnson has today announced a 1.25% health and social care tax across the UK to help the NHS recover from the Covid pandemic. This will initially be collected via a 1.25% rise in National ...
Read MoreThe Chancellor of the Exchequer, George Osborne, delivered his first Autumn statement as the Chancellor of a Conservative government today.
Read MoreHMRC continue to invest in measures to prevent tax avoidance and evasion and are running campaigns to encourage individuals to disclose their income to HMRC. The let property campaign was launched ...
Read MoreThe amount of an individual’s pension contributions which will qualify for higher-rate tax relief is essentially restricted by:
Read MoreThe FTT dismissed the tax payer’s appeal against HMRC’s decision not to allow a capital gains tax exemption claimed in respect of his enterprise investment scheme (‘EIS’) shares.
Read MoreA taxpayer wins case to claim a repayment exceeding the 4 year limit
Mr Higgs made payments on account for the tax year 2006/07 in accordance with the previous year’s liability. Mr Higgs forgot to ...
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