PPI Refund and Tax
Do I need to pay tax on my PPI refund? Currently, anyone who has successfully reclaimed a PPI payment, is required to pay tax on any interest added to their claim. HMRC have confirmed that [...]
Do I need to pay tax on my PPI refund? Currently, anyone who has successfully reclaimed a PPI payment, is required to pay tax on any interest added to their claim. HMRC have confirmed that [...]
How to pay your car tax online All vehicles, unless they have a Statutory Off Road Notification (SORN) certificate, are required, by law, to display a tax disc. An easy way to obtain a tax [...]
An illegal filling station and fuel laundering plant in County Tyrone has been discovered and disassembled by HMRC recently. The bootleg station was allegedly selling prohibited fuel for only £1.11 per litre. How much illegal [...]
The new PAYE real time system is apparently undergoing some teething issues. HMRC have been issuing advice after a number of customers who are trying to submit Pay As You Earn information in real time [...]
Several of HMRC’s helplines have been switched from expensive 0845 numbers to cheaper 03 numbers. HMRC has promised that by the end of summer none of their helplines will still use the 0845 prefix. What [...]
A freedom of information request has revealed that HMRC has made over 40,000 applications to view people’s private communication details, over the past three years. Information appealed for by HMRC in the 41,351 requests it [...]
A specialist section of HMRC known as the High Net Worth Unit (HNWU) collected their highest ever amount of tax last year. HNWU handles the tax affairs of the UK’s richest tax payers, that is [...]
All tax credit customers must renew their claims by 31 July or see their payments potentially stop. HMRC is already sending out renewal packs to all Tax Credit recipients along with the advice to renew [...]