Saudi Arabia and the United Arab Emirates (UAE) have announced a 50% tax on all non carbonated soft drinks. And we thought the sugar tax was bad. What is the impact on Vimto’s manufacturers? Vimto [...]
It is fascinating that some people spend Christmas Day filing their self assessment tax return. And HMRC have released this year’s figures. People actually submitted on Christmas Day? Yes, HMRC report that by 8am on [...]
HMRC’s figures show that there has been a 25% decrease in the number of cases using the Alternative Dispute Resolution process in the 2018-19 tax year. What is Alternative Dispute Resolution? The Alternative Dispute Resolution [...]
HMRC work under the assumption that pension providers and individual taxpayers will monitor how much of their lifetime allowance (LTA) they have used. They don’t track this themselves, which means the Tax Office do not [...]
Last month, we told you about the ongoing match between HMRC and “oldco”, the company that previously owned Glasgow Rangers Football Club. And there’s been an update… What we already know Quick summary of where [...]
If you need to submit a self assessment tax return for the 2018-19 tax year, you know the deadline is 11.59pm on 31st January 2020. Unfortunately, so do the scammers who con thousands of pounds [...]
Two very sensible questions there. Here is the answer to both. Let’s see if you can save any money on your tax bill. What’s a flat rate expense allowance? Lots of taxpayers spend some of [...]
For Ibrox staff, fans, players, creditors and HMRC, this game’s result is pretty much a no score draw. Going into administration and then liquidation was, as described by former player and manager Ally McCoist, "the [...]
An HMRC spokesperson said: “We want a tax system where everyone pays their fair share, while also ensuring supporting investment and growth.” But Sir Edward Troup, their Executive Chair from 2016 to January 2018, has [...]
The short answer to this question is “no”. HMRC cannot simply put any overpaid income tax back into your bank account. You need to make an application using the official process. Tax rebates are not [...]
