Even though it is no longer possible to ‘assign’ your tax refund to a third party, do not let your guard down! As it is possible to still ‘nominate’ a third party to receive a tax refund, many of the same old issues with unscrupulous tax refund companies remain. Here we explain the differences ...
Revenue Scotland, the tax authority with responsibility for the administration of Scotland’s devolved taxes, has developed an Enhanced Support policy. The policy sets out what enhanced support is; it aims to help those who need extra support to meet their tax obligations in respect of Scotland’s ...
You can use your payslips to check that your pay is correct. But there are also many other reasons to look after your payslips. By ‘look after’, we mean make sure you are receiving them and can access them, that you check them carefully and that you keep them somewhere safe!
The Scottish Parliament has approved the rates and thresholds for Scottish income tax that will apply to the non-savings and non-dividend income of Scottish taxpayers during the tax year 2023/24.
For some people affected by the loan charge, the law says that a further tax charge is due as well as the loan charge itself. HMRC have recently explained that in certain circumstances they won’t seek to collect this further tax charge. However, you may still receive correspondence from HMRC about ...
HMRC issue some tax refunds automatically. However, in other cases, you need to actively claim tax refunds. For example, those for the marriage allowance, those for job-related expenses that you paid for yourself, and those where too much tax was withheld at source on payment protection insurance ...