If you are self-employed or you own your own business, you will need to file a tax return to HM Revenue & Customs (HMRC) each year. Some people choose to use accountants to handle all their tax affairs, but if you are a sole trader, your tax affairs are quite straightforward or you simply want [...]
Tax Rebates & Refunds
Dundee man jailed for £160,000 VAT tax rebate fraud
A businessman from Dundee has been found guilty of fraudulently claiming more than £166,000 in false VAT tax refund payments, in offences which have now landed him with an 18 month prison sentence.
The businessman, Brinner Sabando, formerly ran a company known as Fresca Ltd, which was based in Dundee but operated internationally. Mr Sabando [...]
Irish Revenue warns of tax rebate scam
The Revenue Commissioners, Ireland’s equivalent of HM Revenue & Customs (HMRC), has issued a new warning about tax rebate scams being carried out on members of the public.
The Revenue has said that an email has been sent to individuals promising a tax refund. It claims that the department has completed its annual calculation of [...]
Do you know your new Income Tax allowance?
You may know already that every UK taxpayer has a Personal Allowance, which is the amount they can earn before they start paying income tax. However, what you may not realise is that the allowance threshold changes every tax year, usually increasing to the benefit of most taxpayers.
As part of measures to help out [...]
Sixth University of South Dakota football player accused of tax refund fraud
In a case which now has a total of 11 defendants, another former football player at the University of South Dakota (USD) has been accused of carrying out tax rebate fraud.
Dametrius Turner is the latest defendant to be indicted for tax refund fraud and identity theft. Last year, when the indictments in the case first [...]
