Address
30 Thorpe Wood, Peterborough, Cambs, PE3 6SR
Millions have been left in the dark regarding their tax returns, PAYE slips and other financial documents due to a huge amount of unanswered HMRC phone calls. In the first half of the year, the HMRC were only able to successfully answer half of all calls made to them, with 39% of inquiries dealt with […]
Landlords will now be punished with interest rate rises for running a business and investing in buy-to-let properties. Landlords, who put their faith with Conservatives for their extensive knowledge of the private renting sector, were quickly disillusioned once the Chancellor, George Osborne announced his new plans to regulate buy-to-let mortgages. New Restrictions on Buy-To-Let Tax […]
Facebook Is Not Profitable In The UK Year after year, we have dealt with countless headlines of massive multimillion companies dodging their UK tax payments and saving millions. Facebook is the latest company in the spotlight; currently, the company pays less tax than the average UK employee. How Has Facebook Managed To Pay Less Tax? […]
A new study was conducted by the Resolution Foundation think-tank, which was released the day after David Cameron promised an “all-out assault on poverty” at the Manchester Conservative Conference. The study found that, in spite of a higher National Living Wage, the Working Tax Credit cuts would mean 200,000 children, predominantly from working households, will […]
The born republican Jeremy Corbyn has caused quite a stir in the political world. He has rattled the conservatives ever since he became the new leader of the Labour party, with his views and policies championing for the middle and working class. He addresses the issues of inherited wealth and inequality and has a strong […]
Labour will soon be unveiling their plans for a “redistribution of wealth” with an attack on British business and a series of tax raids on the middle class. Shadow Chancellor John McDonnell will be using his first conference speech to talk about a potential “Robin Hood tax” when it comes to stock market trading. Meanwhile, […]
Local police forces located in the north of England have joined powers with HMRC for a landfill tax crackdown. Together, the organisations will investigate suspected landfill tax fraud worth millions of pounds. Landfill tax fraud involves deliberately misclassifying waste, with material that is supposed to attract the usual rate of Landfill Tax being passed off […]
Thousands of families in the UK will need to make significant changes to their will or risk missing out on the new allowance for inheritance tax. Many of these people originally set up discretionary trusts in order to have a tax-efficient way to leave property to their children. Accountants have warned that changes to the […]
An oddity in the income tax system means HMRC incorrectly overcharges people who make the most of new rules to withdraw cash from pensions. In April 2015, new rules stated that over-55s can withdraw regular or provisional sums of cash from their pensions. However, if a person makes a significant withdrawal in a single month, […]
Maersk is an energy group from Denmark and will be leading a £3bn project aimed at developing the largest gasfield which has been discovered in the North Sea for a decade. This is the first big investment which will be benefiting from the tax breaks in the UK which was announced in the Budget. The […]