Jul 28, 2010
The UK Government is taking action to show national taxpayers and international investors that the country “is open for business”, by initiating an extensive round of public consultation of tax system legislation issues. The UK Government has stated its intentions to make the tax system “simpler and work better for people”, through an announcement made [...]
The UK Government is taking action to show national taxpayers and international investors that the country “is open for business”, by initiating an extensive round of public consultation of tax system legislation issues.
The UK Government has stated its intentions to make the tax system “simpler and work better for people”, through an announcement made on July 27th by David Gauke, Exchequer Secretary, and the release of nine public consultation documents. The Government claims that its new initiative of greater public feedback on ... Read More
Jul 21, 2010
UK taxpayers could miss out on an as much as GBP 3.9 billion worth of tax credits in the coming fiscal year, unless they take action now. With only 10 days left ahead of the July 31st tax credit deadline, nearly one quarter of UK pensioners and a tenth of entitled low-income families are set [...]
UK taxpayers could miss out on an as much as GBP 3.9 billion worth of tax credits in the coming fiscal year, unless they take action now.
With only 10 days left ahead of the July 31st tax credit deadline, nearly one quarter of UK pensioners and a tenth of entitled low-income families are set to forfeit billions in “free money” by neglecting to make necessary claims with the HM Revenue & Customs (HMRC). According to estimates published by Unbiased, a UK ... Read More
May 6, 2010
The UK’s HM Revenue & Customs (HMRC) department has made public its projections for personal income tax revenues for the 2010-2011 financial year. The department expects an additional GBP 10 billion (approx. USD 15.1 billion) to be realized, mainly from the two top marginal tax rates. The HMRC recently released its latest projections for the [...]
The UK’s HM Revenue & Customs (HMRC) department has made public its projections for personal income tax revenues for the 2010-2011 financial year. The department expects an additional GBP 10 billion (approx. USD 15.1 billion) to be realized, mainly from the two top marginal tax rates.
The HMRC recently released its latest projections for the personal income tax collections for the 2010-2011 financial year. The department expects the national revenue figure to rise by approximately GBP 10 billion to a total of GBP ... Read More
Feb 3, 2010
The number of UK nationals who filed their Self Assessment (SA) tax returns online in 2009 reached a record high, according to the HM Revenue & Customs (HMRC). The HMRC reported on February 1st that 6 429 899 individuals had filed their SA returns online before the January 31st deadline. The figure represents approximately three [...]
The number of UK nationals who filed their Self Assessment (SA) tax returns online in 2009 reached a record high, according to the HM Revenue & Customs (HMRC).
The HMRC reported on February 1st that 6 429 899 individuals had filed their SA returns online before the January 31st deadline. The figure represents approximately three quarters of submitted returns and marks a 12 percent improvement over the previous year, where only 5 759 006 individuals made timely online submissions. According to the HMRC ... Read More
