Sep 18, 2023 | FAQ, HMRC, Income Tax, Landlords, Vault
The ability to legally assign an income tax repayment, or the right to an income tax repayment, to a third party has been removed by HMRC from March 15 this year, meaning any repayment will remain the legal property of the taxpayer in question. The change affects...
Sep 11, 2023 | Excise Duty, HMRC, Information, News, Tax, Vault
Archived Article NoticeThis article relates to alcohol duty rates and HMRC guidance available at the time of publication. Duty structures, reliefs and thresholds may have changed since this article was written. Up to 38,000 pubs and bars which have seen cuts in...
Sep 4, 2023 | FAQ, Income Tax, PAYE, Payroll, Pensions, Vault
People making the most of flexible pension withdrawals have been facing tax overpayments due to miscalculations by HMRC. In Q2 2023 alone, the taxman repaid £56,243,842 to people who had been taxed more that they should on their pension withdrawals. This amounts to an...
Jul 31, 2023 | HMRC, Information, National Insurance, PAYE, Payroll, Tax, Vault
Archived Article NoticeThis article relates to digital access features available at the time of publication. Apple Wallet and HMRC service functionality may have changed since this article was written. Do you struggle to remember or find your National Insurance...
Jul 24, 2023 | HMRC, Income Tax, Information, PAYE, Self-Assessment, Tax, Vault
Archived Article NoticeThis article relates to Self Assessment thresholds and HMRC guidance available at the time of publication. Tax return requirements and reporting thresholds may have changed since this article was written. The threshold for people taxed...
