During the Budget Speech on Monday 29th October, Chancellor Philip Hammond announced an increase to the Personal Allowance amount. Many aspects of the Budget have a multi layered impact that isn’t always immediately obvious. So [...]
Everyone is affected by what the Chancellor announces during their Budget speech. Things like income tax, NICs and the Personal Allowance have an impact on you whether you are an employee or an employer. Then [...]
Business rates are a tax on property that is used for commercial purposes, most buildings that aren’t aren’t for people to live in. It is separate to the other taxes that business owners must pay, [...]
We all know that Paypal is a huge global organisation. So why did they only paying £159,000 UK tax in the 2015-16 tax year? HMRC wanted to know the answer to this question and launched [...]
One of the many headlines from the recent Conservative Party Conference is Theresa May’s announcement that the freeze on fuel duty will continue. There had been recent speculation that a raise in fuel duty was [...]
Next week Edinburgh Councillors will vote on whether to take forward a proposal to introduce a ‘transient visitor levy’ (TVL) to the public consultation stage. Supporters of the ‘tourism tax’ predict that it would bring [...]
As Scotland has different income tax rates to the rest of the UK, military personnel on the same salary are paying a different amount of tax depending on where they live. For many of those [...]
HMRC has recently said that there are over a million couples in civil partnerships and marriages missing out on their Marriage Allowance. This is simply because they have not filled in the application for this [...]
Should late taxpayers pay more interest on their payments than HMRC does on tax rebates? This interesting question has strong views on both sides, with the ACCA (a professional body for accountants) up in arms [...]
HMRC brought a case against 60 ‘level 1 national group’ football referees, saying that their employment status had been wrongly classified. The referees had been paying National Insurance Contributions (NICs) as self employed contractors. The [...]
