HMRC Scam Emails and Texts

It never goes away… Scam HMRC emails have been around for years and they don’t seem to be stopping. In some cases people are even receiving texts. The emails tell you that you’re owed a tax rebate and then requests your personal information in attempt to steal bank details. Nick Lodge, Director General of Benefits […]

HMRC Online Tax Evasion

HMRC requesting increased powers to tackle online tax evasion HMRC consider that there is a “hidden economy” of businesses and individuals who operate online and do not pay the requisite amount of tax on the money they make. They estimate its worth at an annual £5.9 million pounds in missed tax payments. They have submitted […]

UK Secondment EIM77010

This article examines issues relevant for those employees sent to work in the UK by an employer based overseas. The examples below are drawn from those experiences. This article explains the approach to benefits and expenses paid to employees who are on secondments of periods less than 24 months. Employees who attend a place of […]

HMRC clamps down on online traders

Do you use Ebay, Airbnb, Paypal, Google and Apple app stores, or any similar trading website? Then government plans to further extend HMRC’s powers will affect you. In 2013 HMRC were given authorisation to access information from our credit and debit card transactions. Now they want to be able to obtain information from internet companies […]

Savings revolution – fill in your tax return or face a fine?

The ‘revolution’ Details about George Osborne’s ‘savings revolution’ were unveiled during this year’s budget announcements and include the new Personal Savings Allowance. Designed to encourage people to save, this policy will mean that 17 million people will not be taxed on their savings. If you are a basic rate taxpayer, then you can earn £1,000 […]

Hairdresser Tax Rebate

Are you working as a stylist or colourist in a hair salon? Do you run your own mobile business that provides hair styling and/or colouring to clients in the comfort of their own home? Do you know about all of the work related tax reliefs that you are entitled to?   You combine your expert […]

Chancellor championing the self-employed?

During the 2015 Budget announcement, George Osborne revealed two planned changes that were presented as benefitting self-employed taxpayers; abolishing the annual paper tax return and Class 2 National Insurance payments.   No more annual tax return! The Chancellor described the first change as a “revolutionary simplification of the tax collection scheme” which will apparently assist […]

HMRC Tax Enquiries

Taxpayers left waiting 20% longer for the result of an HMRC tax inquiry   Are you waiting for the outcome of a tax inquiry? Well, you’re in for an even longer wait than you might have anticipated.   PFP, an insurance company, submitted a freedom of information act request to find out exactly how long […]

Claim Tax Back on your Holiday Shopping

Did you know that you can claim back the tax you pay on holiday shopping abroad?   Nearly half of the people involved in Direct Line Travel Insurance’s research didn’t know either! According to their results, in the last 2 years, only 1 in 14 people have claimed back the tax on their holiday purchases. […]

Buy to let Landlords Tax Increase

The 2015 Budget included a massive blow to buy-to-let landlords in the form of huge cuts to their tax relief. Currently, landlords benefit from 40 and 45% tax relief on their mortgage interest payments. Osborne intends to reduce this to 20% by April 2020 in order to, in his own words, “level the playing field” […]

Mechanics Tax Rebate EIM50700

Explanation of Capital Allowances for Car Mechanics and Auto Technicians   The regulations covering this area are known as EIM50700 to Tax Office employees. Whilst the capital allowance rules for car mechanics and auto technicians are the same as for employees in other sectors, you may also be able to get extra tax relief under […]

Uniform Tax Rebates under EIM32485

HMRC’s rules under EIM32485 about laundering uniforms explained The Tax Office calls this rule EIM32485 and it describes when there is an entitlement to tax relief for taxpayers who wash work uniforms and protective clothing at home. Do I qualify? If your employer requires you to wear the garments, there is no laundry facilities at […]

Nurses Tax Rebates for Shoes and Tights

If you are a Nurse claiming tax relief on the cost of your shoes and tights is one of the reliefs available to you. The tax office has an agreement in place  for Nurses called EIM67200.   Who is eligible to claim? All genders and grades of nurses and midwives. This includes; healthcare workers or […]

New Budget Plan defies Magna Carta

Government putting themselves above the law Tucked away on page 94 of the Budget Red Book is a plan to give HMRC a new ‘direct recovery’ power. HMRC will be able to seize money from business and individuals’ bank accounts and cash ISAs if they ‘appear’ to owe tax – without following established legal proceedings. […]

HMRC’s ‘unanswered calls’ figure hits over 25%

Between April 2014 and March 2014 17.8 million of the calls made to HMRC got the engaged tone or were left unanswered. That works out as 27.5% of the 64.7 million calls made! That’s a lot of unanswered questions…   The reasons for calling can range from changing address details to finding out if you have […]

10 Years of troubles take their toll on HMRC

New ‘savings’ targets of £80 million may sink a department that is already fighting to keep its head above water.   Since HMRC was born as a merger between Customs and Excise and the Inland Revenue in 2005, it has weathered many a storm. But the latest government demands could prove fatal. As part of […]

Tax Crackdown gets Heavy

HMRC are planning to use another £750 million to help stop tax avoidance. The government wants to target offshore trusts and claims it will triple the number of tax evaders brought to prosecution. The wealthy with a net worth of between £10-20 million are being targeted in an effort to ensure more tax evaders face […]

Child Tax Benefit Charge

How to rebalance your household budget after the knock of the child benefit tax charge   Child benefit is available for all children under the age of 16, or until they are 20 if they enter ‘non-advanced’ education. It is worth £20.30 per week for your firstborn and £13.40 for every other offspring. That adds […]

Landlords hit in Budget

It was announced in the budget yesterday that UK landlords will have their tax relief cut on their mortgage interest payments. Being able to claim tax relief on mortgage interest payments has been a long standing relief for landlords. The proposed changes mean that the higher rate relief of 45% will be cut to 20%. […]

Thousands Sent Incorrect Tax Rebates

Disappointment for thousands of Norfolk County Council employees as their recent tax rebates have to be repaid to HMRC. The reason… a corrupted computer file, which made it appear that the entire council staff had been taxed a month more than they had worked. The council submit monthly returns to the tax office, but the March documents […]

Back to Top
Back to Top