Tax Rebates & Refunds

Research finds 1 in 3 could be paying the wrong income tax

October 30, 2013
Posted in Income Tax — Written by Jennifer — Comments (0)

New research conducted by the national accountancy firm UHY Hacker Young has revealed that as many as one in three people in the UK could be paying the wrong amount of income tax.
The firm carried out the same study last year, when its researchers found that around a quarter of Pay As You Earn [...]

Accountant sentenced for £186k tax fraud

October 29, 2013
Posted in Fraud — Written by Chris — Comments (0)

An accountant from Birmingham has been found guilty of stealing £186,000 by defrauding HM Revenue & Customs (HMRC).
Akeel Mirza from Edgbaston has now been jailed for his crimes after being caught altering his clients’ tax returns in order to defraud tax officials. As well as doctoring documents to claim £140,000 to falsely claim tax [...]

Self-employed have just days left to file paper tax returns

October 28, 2013
Posted in Income Tax — Written by Geoffrey — Comments (0)

If you run your own business, work for yourself or file your own tax return for any other reason, you have just a few days left to get your paper Self-Assessment form to HM Revenue & Customs (HMRC).
With HMRC’s Self-Assessment system, there are two different ways to file a tax return. The first is [...]

Footballer Messi in court over tax fraud charges

October 22, 2013
Posted in Fraud — Written by Jennifer — Comments (0)

The footballer Lionel Messi, who currently plays for Barcelona and his home country of Argentina, has appeared in a court in Spain along with his father to answer accusations of tax fraud.
Messi and his father Jorge Messi are between them accused of committing tax fraud of more than €4 million (£3.4 million). The Spanish [...]

Income tax threshold increase being considered by government

October 19, 2013
Posted in Income Tax — Written by Chris — Comments (0)

In a move already supported by the Liberal Democrats, the UK government is reportedly considering raising the income tax threshold to £12,500.
What this would mean for taxpayers is that anyone earning under this amount would not pay any tax, which could help to relieve a lot of the financial strain on struggling, low-earning families.
The income [...]

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