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Figures recently published by the Office for National Statistics show that unemployment has dropped below 7% for the first time since the recession and employment

The government announced recently that people who have recently taken a tax-free lump sum from their defined contribution pension will be given 18 months rather

At present, it is possible to make an election, in certain circumstances, allowing owners of more than one residential property to choose which property is

It would seem that economic indicators confuse economists as well as the rest of us. The first two paragraphs of the recently published Executive Summary

Employers are reminded to claim the £2,000 Employment Allowance which commenced 6 April 2014. Basically, employers can reduce their National Insurance contributions by a maximum

Glen Whittle must be feeling pleased with the outcome of his recent appeal against assessments issued by HMRC. An enquiry instigated by HMRC resulted in

For those born after 5 April 1948 the personal tax allowance is £10,000. It was also announced that from 6 April 2015 this would increase

   Entrepreneurs’ Relief  As long as the ownership of your business is structured correctly, and for a minimum time period, then lifetime disposals not exceeding

Employers should note that HMRC is changing the way they charge interest on unpaid PAYE from 6 April 2014. We have reproduced below HMRC’s recent

If you have recently started to receive your State Pension, you may, or may not, have noticed that it is paid without deduction of tax.

  1 April 2014 – Due date for Corporation Tax due for the year ended 30 June 2013.  19 April 2014 – PAYE and NIC

If expenditure on plant and equipment qualifies for the Annual Investment Allowance (AIA) 100% of the cost can be written off against taxable profits. The

We have reproduced two of the more surprising changes announced in the Budget notes published immediately following George Osborne’s presentation last week. HMRC to be

Personal Tax, Stamp Duty Land Tax and miscellaneous matters    Personal Tax allowance  The personal allowance for those born after 5 April 1948 will be:

In a bizarre attempt to create positive PR for HMRC, Channel 4 has been given unprecedented access to HM Revenue and Customs as they pursue