Have you claimed your Marriage Tax Allowance?
The deadline to claim your 2016-17 Marriage Tax allowance is 5th April 2021. So you need to act quickly to make sure you don’t miss out. What is the Marriage Allowance? This is a tax [...]
February 2021
Tax evading fugitives face justice
HMRC shuts down a huge cigarette smuggling operation. This criminal activity cost the Treasury £2.8million in evaded excise duty. When were they discovered? On 15th June 2017, at a Lincoln farm, Svajunas Navagruckas was caught [...]
‘Cryptocurrency preferred’ – to buy Brighton property
We’re all used to estate agents’ language by now and can decode their adverts quite successfully. But its still unusual to see ‘cryptocurrency preferred’ as the seller’s position. But this is what’s come up during [...]
January 2021
Will there be an incineration tax in the 2021 Budget?
A tax on incineration means a tax on earnings made by creating energy from waste. It has been used as a stick to encourage increased recycling. Only last year, Theresa May said that government would [...]
Has your cash been refused since COVID-19 started?
A Which? survey of 2,004 people shows how much COVID-19 has accelerated our society’s move towards a cashless society. And their conclusions include some real concerns about those who need to use cash, both as [...]
Could reducing duty on spirits help our COVID-19 recovery?
The Chancellor’s March Budget will be scrutinised by everybody. Finding the balance between financial support to survive the COVID-19 crisis and the country’s longer term economic recovery is going to be difficult. Before anything is [...]
Scammers have a new opportunity with third lockdown
Yes, another article about HMRC scammers. They constantly change their tactics and use every possible current event – and any fears surrounding it – to swindle money from innocent people. Two current scams are to [...]
December 2020
Eat, drink and…do your tax return?
What were you doing between 2:00-3:00pm on Christmas Day? Tucking into your turkey? Watching a movie? Cracking open the Baileys? All the traditional things we can still do, even with this year’s restrictions. Probably not [...]
What is a wealth tax?
A Wealth Tax Commission was set up in spring 2020 to “provide in-depth analysis” of a UK wealth tax proposal. Their final report was published on 9th December and makes for interesting reading. Who are [...]
Child benefit claim checks for lockdown babies
HMRC are contacting parents who had a new baby from April this year and applied for Child Benefit without being able to register the birth. COVID-19 restrictions During the COVID-19 crisis many local authorities were [...]