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Wrong Tax Taken From 5 Million

Wrong Tax Taken From 5 Million

Around 5 million people have either paid too much or too little tax, it has been revealed. Approximately 3.5 million people will be notified they have ...


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A Quarter of Tax Helpline Calls Go Unanswered

A Quarter of Tax Helpline Calls Go Unanswered

Around a quarter of all taxpayers calls to HMRC help lines go answered, with no guidelines being in place to advise callers how long they ...


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UK Back in Recession

UK Back in Recession

Recession has returned to the UK after the economy shrunk by 0.2 percent in the first three months of 2012. The Office for National Statistics (ONS) ...


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Interest Rates to Remain at 0.5 Percent for Years

Interest Rates to Remain at 0.5 Percent for Years

The surprise increase in inflation last month prompted some speculation that the Bank of England might raise interest rates as a way of curbing inflation. But ...


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Scale of Tax Avoidance Revealed

Scale of Tax Avoidance Revealed

The degree of tax avoidance by the super rich has been revealed after figures released by the Treasury. The findings show that nearly 1,000 British taxpayers ...


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New Tax Year to Herald a Number of Changes

New Tax Year to Herald a Number of Changes

The beginning of the new tax year tomorrow will see significant changes to both tax and benefits in time in time for the beginning of ...


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UK Employment Prospects Given Boost

UK Employment Prospects Given Boost

The British job market has received a boost after a survey suggested that more firms were looking to hire people than let them go. Recruitment firm ...


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Advisors Favour General Tax Amnesty

Advisors Favour General Tax Amnesty

Advisors Favour General Tax Amnesty A survey of nearly 100 accountancy firms has discovered that almost 80 percent of tax advisors favour a general disclosure facility ...


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Chancellor Urged to Scrap Tax on State Pensions

Chancellor Urged to Scrap Tax on State Pensions

More than five million retired people could save up to £1000 per year if Chancellor George Osborne takes the advice of the Office for Tax ...


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HMRC Settlements to Become More Transparent

HMRC Settlements to Become More Transparent

In the midst of public feeling that HMRC has had too cosy a relationship with large companies in relation to their tax settlements, new rules ...


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EDINBURGH
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