11-Aug-2015
How we can help you avoid getting into call centre hell…
New figures show callers have had to wait more than FIVE times longer to get through to HMRC tax helplines this year. Figures show that in March 2014 the average waiting time for a call to HMRC was under three minutes but by March 2015 this had increased to almost 15 minutes. And at peak […]
20-Jul-2015
You can’t afford to miss your payment deadline
If you submitted a self-assessment form in January, your second payment instalment is due on or before 31st July. Filing your return means you’ll know how much you’ll need to pay, making it easier for you to plan ahead and put money aside. Take a look at the following YouTube videos to find out about […]
15-Jul-2015
Payments to tax informants rise sharply
Payments to tax informants have leaped by 50pc over the past year, figures obtained under a freedom of information request show, according to the Daily Telegraph. In 2014/15 a record £600,000 was paid to people who had reported suspected tax dodges by calling HM Revenue & Customs’ (HMRC) confidential telephone hotline, with around 100,000 calls […]
08-Jul-2015
Summer Budget 2015 – here’s a summary of what was announced
The Chancellor George Osborne has today presented his Summer Budget to Parliament – here’s a summary of what was announced 1. Introducing a new National Living Wage of over £9 an hour by 2020 From April 2016, a new National Living Wage of £7.20 an hour for the over 25s will be introduced. This will […]
21-May-2015
Women win the battle of the taxes
Women are more likely than men to send in their tax return on time, an HM Revenue and Customs (HMRC) analysis has revealed. For every 10,000 tax returns received last year by HMRC from men, 394 were after the relevant deadline – 31 October for paper submissions and 31 January for online returns. This compares […]
19-May-2015
The rules on how you can access your defined contributions pension savings from age 55 have changed.
Access your savings From 6 April 2015, from age 55, you can access as much of your savings from your defined contributions pension scheme (also known as ‘money purchase schemes’) as you want under new ‘pensions flexibility’ rules. Schemes don’t have to offer these options. Talk to your pension provider to see what options are […]
19-May-2015
Taxman reveals top 10 terrible tax excuses
Ten of the worst excuses for missing the 31 January tax return deadline have been revealed by HM Revenue and Customs (HMRC). Many of the excuses claim it was someone else’s fault – pets, girlfriends, work colleagues and even the President of the United States are named and blamed for taxpayers’ tardiness. The excuses were all […]
