This Talk Money Week (4 – 8 November), taxpayers are being urged to “Do One Thing” and get on the HMRC app to save time and simplify managing their money and tax.
More than 1.7 million people are already using the HMRC app every month, which enables users to access services such as making a Child Benefit claim, finding your National Insurance number and a tax calculator to estimate...
So, the chancellor has delivered his final budget before this year’s general election. Consistent with most pre-election budgets, Mr Osborne is keen not to rock the voter boat any more than he has to. Perhaps with some Liberal Democrat influence, the intention to reduce income tax for low and middle earners has been announced; with the 40p tax band applying at £43,300 for the 2017-18 tax year...
As people return to work and begin to catch up after the Christmas break it is easy for things to get missed, but one thing you can’t forget is your self-assessment tax return deadline, warns ACCA (the Association of Chartered Certified Accountants).
HMRC (Her Majesty’s Revenue and Customs) requires anyone completing a self-assessment online return to send their forms to them by the...
Shops, pubs, restaurants and cafes in Plymouth are amongst those businesses in the retail sector set to receive bigger business rates discounts.
In a bid to support smaller retail businesses Plymouth City Council has announced they will be offering a £1,000 rates discount to those with a rateable value of less than £50,000.
Over 860 businesses will qualify for this discount...
The Government is offering small and medium-sized high-tech companies free workshops to support their growth.
The workshops organised by HM Revenue and Customs (HMRC) and the Department for Business, Innovation and Skills (BIS) will highlight the government support available for cutting edge companies.
A range of tax incentives, grants and other support offered to help...
Thousands of people across the South West could end up not being entitled to a full state pension when they retire, warns ACCA (the Association of Chartered Certified Accountants).
Chas Roy-Chowdhury, ACCA head of taxation said: “Most workers do not have to worry that their National Insurance contributions are up to date, the group that are most at risk from not having the full...
A recent tax case involved a lady that sold some shares and tried to claim a capital gains tax rollover relief on the arising gain. The lady had, via her accountant, obtained confirmation from HMRC that the relief could be claimed. However, once her tax return was submitted, HMRC amended the return and removed the relief claimed.
This case gives great cause for concern; surely a...
