Contractors who declared to HMRC what they received through disguised remuneration schemes over the last 20 years can settle their bills on the terms offered before the rules changed in 2017. Since April 1999, up to 40,000 members of these schemes were paid in loan...
A glitch within HMRC's self-assessment system surrounding some taxpayers' payments on account will not be resolved until 31 July 2019 at the earliest. The Revenue has experienced a string of computer errors in recent months, with the latest problem resulting in some...
Contractors are still not fully aware of the changes to tax legislation that are set to take effect in a year's time, according to a survey from the Recruitment and Employment Confederation (REC). IR35 rules were reformed for the public sector in April 2017, with the...
Higher earners in England, Northern Ireland and Wales will pay considerably less income tax in 2019/20 than their counterparts in Scotland. Chancellor Philip Hammond's decision to raise the higher-rate threshold to £50,000 took effect on 6 April 2019, while the higher...
Up to half a million workers could be paying unnecessary tax on their state pension, according to research from Royal London. Around 1.1 million over-65s were in employment in 2017, with roughly 950,000 of those receiving a wage alongside drawing their state pension....
