Tax Rebates & Refunds

HMRC warns against tax rebate scam

March 4, 2014
Posted in Income Tax, Tax Rebates — Written by Chris — Comments (0)

HMRC are warning taxpayers not to reply to emails that they may receive to say that they’re eligible for a tax rebate. This is a phishing scam designed to get hold of your bank details and subsequently drain your account. Scammers are using email addresses including: noreply@hmrevenue.com, refund-help@hmrc.gov.uk, and service@hmrc.gov.uk.
These email addresses should not [...]

Redressing the balance when study confuses the tax system

February 9, 2014
Posted in Income Tax — Written by Jennifer — Comments (0)

Returning to being a student when you have already experienced the world of work isn’t easy because you get used to a certain lifestyle – a certain lifestyle that depends on a ready cash flow. However, it’s often rewarding to go back to college or university at a later date because you have a more [...]

Never let accidental unfairness in tax payments go unnoticed

February 8, 2014
Posted in Income Tax — Written by Geoffrey — Comments (0)

What’s the one thing you would want from your ideal taxation system? Most people’s answer to that question would probably be fairness. Even those who want to pay less in tax each year probably recognise the positives of a fair tax system that sees those who earn the most contribute the most and those who [...]

How to get tax back when you’re not an expert

February 7, 2014
Posted in Income Tax — Written by Chris — Comments (0)

Tax is a pretty complex subject. You gather as much just by listening to people talk about the annual trauma of filling in their tax returns when they are self-employed. If you are not self-employed then you are probably grateful that you don’t have to get quite as familiar with the finer details of the [...]

Labour would reintroduce 50p tax for earnings over £150,000

February 4, 2014
Posted in Income Tax — Written by Geoffrey — Comments (0)

“For the next Parliament, we will restore the 50p top rate of tax for those earning over £150,000”, Ed Balls has been quoted as saying, arguing that analysis performed by the government showing such a tax doesn’t raise much money was “skewed by ministers’ assumptions”.
The 50% tax band was created by the previous Labour government [...]

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