Government figures show uncollected tax at £35bn for 2009-10 period

Posted on September 29, 2011 by Jack Adams

Latest government figures have been released showing that around £35 billion worth of tax went uncollected for the period between 2009 and 2010, according to an article published by the Financial Times. In a official response, the government stated that the figure represented “continued progress” – showing an overall reduction in the gap between the [...] Continue reading →

Posted in News | Tagged , ,

Are you entitled to a tax refund? Find out by filing a tax return online

Posted on September 22, 2011 by Alistair Harris

With the deadline for tax returns fast approaching, you can now file your return online using the HM Revenue & Customs (HMRC) Self Assessment service – to see if you are due any tax refunds. Sending a Self Assessment Tax Return in this manner is free of charge. The service will ensure the following pages [...] Continue reading →

Posted in News | Tagged , ,

Taxpayers warned by HMRC of phishing scams

Posted on September 20, 2011 by Jack Adams

With the number of phishing emails – claiming recipients could be eligible for tax refunds – on the rise, HM Revenue & Customs (HMRC) has made the move to issue taxpayers with a warning to raise awareness about the scam. Official comment from the department has stated that it will never, under any circumstance, make [...] Continue reading →

Posted in News | Tagged , ,

Tax credit childcare cuts ‘pushing parents into debt’

Posted on September 7, 2011 by Alistair Harris

Parents are being pushed into debt as they struggle to afford childcare, according to a new survey. Increasing financial pressures, alongside cuts to tax credits for childcare, are leaving parents struggling to make ends meet, the research says. The study, by the Daycare Trust and Save the Children, interviewed 4,359 parents across the UK. It [...] Continue reading →

Posted in News | Tagged , , , ,

Overseas workers could claim back tax

Posted on September 5, 2011 by Alistair Harris

If you recently moved to the UK and are now employed, you could be entitled to a tax refund. Overseas workers are subject to the same tax-free allowance as domestic staff, but many may be unaware that they can apply for a tax refund. Every worker in the UK can earn a certain amount each [...] Continue reading →

Posted in News | Tagged , , ,

Get a free tax review for your pay

Posted on August 31, 2011 by Alistair Harris

In the UK, HMRC is responsible for calculating and charging income tax for millions of employees. Employees regularly shift jobs, get promotion and more money, or may lose work and need to claim benefits. Tax calculations are often made at the start of the year and applied incrementally to your pay packet as you go. [...] Continue reading →

Posted in News | Tagged , , , ,

Claim for your expenses

Posted on August 24, 2011 by Alistair Harris

The tax man has a lot of calculations to keep up with. Like everyone, they sometimes make mistakes – that may be undercharging your tax for the year, or, more commonly, overcharging tax. If you’ve paid too much tax, then you can apply for a tax refund, and if you have incurred expenses as part [...] Continue reading →

Posted in News | Tagged , , , , ,

Top-up on your tools

Posted on August 12, 2011 by Alistair Harris

They say a bad workman blames his tools: but every good mechanic knows it’s vital to build up and maintain a great toolbox. What most mechanics may not know, however, is that they could be due tool refunds from HMRC for their expenses. Whilst other business can claim back for costs incurred in the duty [...] Continue reading →

Posted in News | Tagged , , , , ,

Bureaucracy "ruining" tax system

Posted on August 11, 2011 by Alistair Harris

The Forum of Private Businesses has criticised HM Revenue and Customs for putting too much red tape into the tax system. The FPB claims small firms and self-employed professionals in the UK are spending £5.1 billion per year trying to comply with tax bureaucracy. The group is calling for “root and branch” changes to taxation [...] Continue reading →

Posted in News | Tagged , , ,

Claim your student tax rebate before starting education course

Posted on August 10, 2011 by Alistair Harris

As August melts into September, many people will be getting ready to start new courses at college, university or other education providers. Thousands of school-leavers are awaiting their exam results, eager to know if they’ve got the grades to go on to further education. At the same time, many professionals will also be considering whether [...] Continue reading →

Posted in News | Tagged , , ,