Tax

To speed up the handling of post, HM Revenue and Customs (HMRC) has announced that it is changing the addresses shown on PAYE and self… Read More »A new tax address

The Government should look at lifting the £150 tax-free limit on independent financial advice paid for by employers. The call has come from the Association… Read More »Improve tax breaks to boost workplace savings

HMRC has warned taxpayers that the penalty for filing late tax returns is to rise significantly. The old fine of £100 is to be replaced… Read More »Large increase in penalties for late tax returns

HM Revenue and Customs (HMRC) has confirmed that it will be going ahead with a major reform of the PAYE system. The overhaul will involve… Read More »Real time PAYE system on the horizon

From April 2011, many significant changes will be made to the operation of the PAYE system. There are also changes from 2012 that you should… Read More »2011 PAYE update

The CBI has welcomed the Government’s pledge to introduce a phased reduction in corporation tax to just 24 per cent but wants to see more… Read More »Corporation tax still too high

The Government has announced that the current employee sickness absence system is to be the subject of a comprehensive review. The main remit of the… Read More »Sickness absence system to undergo a health check

Strictly speaking, national insurance is not a tax at all, but a compulsory insurance premium. In the 100 years since national insurance was first introduced… Read More »National Insurance Planning

HMRC’s new tax guidance to plumbers and gas fitters could open the door to a general amnesty for all UK residents. Plumbers, gas fitters, heating… Read More »HMRC opens door to general amnesty

As many as 750,000 income taxpayers could find themselves in a higher tax bracket this April, a new study has claimed. According to the Institute… Read More »Higher rate taxes to scoop up more people