Reading the small print has revealed that the cost of tax discs for older, higher polluting cars is going up.
Back in 2006 Gordon Brown said the new Band G rate of taxation (for cars emitting more than 225g/km of carbon dioxide) would only apply to cars registered after 23 March 2006. It […]
Shortly before leaving his post, the head of the Italian tax authorities decided to publish the tax returns (and income details) of everyone in the country.
The website is now closed down, but it did reveal that Giorgio Armani earned £35m whereas Donatella Versace is worth only £1.7m!
Here’s an interesting article on some of the options people have if they want to steer clear of the Taxman and such grey areas as IR35, Managed Service Companies, Income Shifting, s.447 ITEPA etc.
Options include closing down your company and setting up a new one, taking out tax investigation insurance or paying a small amount […]
For those of you that are interested, or those who want to take issue with HMRC over something, we publish below the charter that the Taxman is supposedly committed to:
You are entitled to expect the Inland Revenue to be fair
By settling your tax affairs impartially
By expecting you to pay only what is due under the […]
The Chancellor, Alistair Darling, has announced an increase to the Personal Allowance of £600 for 2008/09 giving lower paid taxpayers a £120 benefit.
This is in response to a backlash from MPs over the abolition of the 10% income tax rate that was announced by Gordon Brown when he was Chancellor. […]
We have heard rumours that the Taxman will soon be surfing social networking sites such as Facebook to glean information on taxpayers lifestyles and spending habits. This may result in them launching an investigation into your tax affairs asking about undeclared income.
We have already seen this in action over in Ireland and […]