The Access to Work scheme is extremely valuable for those people who use it. New proposals should encourage more take-up and self-employment.
Many welfare benefits are to merge into a single benefit called ‘Universal Credit’ for working-age claimants, but Council Tax Benefit is excluded from the plan.
In the next few days, HMRC will start sending out the first PAYE calculations for 2010/11 where they think that people have not paid enough tax in the year. This will continue up to Christmas.
The Office of Tax Simplification is going to examine over the next few months the scope for simplifying the tax system for pensioners.
Once again the Press have been having a go at HMRC about PAYE failures. As readers of this website will know, we are not slow in criticising HMRC when appropriate.
HMRC have today launched another “tax on undeclared income” initiative. First it was those with offshore interests, then doctors and dentists, followed by plumbers.
We are critical of recent proposals by HMRC to restrict tax loss relief for all businesses in an attempt to counter high risk tax avoidance practised by only a few.
The National Audit Office (NAO) recently published an important review of means testing.
Paper Self-Assessment tax returns for 2010/11 have to reach HMRC by 31 October 2011, otherwise you risk being charged a late-filing penalty.
HMRC’s ‘Tax Agent Strategy’ consultation proposes to give taxpayers’ agents direct access to their clients’ records held on HMRC systems, along with the facility to make adjustments.