HMRC, entrusted with doling out the £27 billion worth of grants and funding under the Job Retention Scheme and Self-Employment Income Support Scheme are well placed to detect fraudulent claimants.
Income taxes are the area of tax most people come into contact with on a regular basis. Usually it involves paying tax on money you earn from being employed.
Posts
If you have been renting out or have sold residential property in recent years and have not declared the income or capital gains to the taxman, there is an amnesty being run by HMRC.
Many employees of publicly listed companies are given the option of obtaining shares in the company through a Share Incentive Plan (SIP).
Even for a so called expert, filling out a tax return can be a confusing enough process, but the one section that often has everyone flummoxed is the capital allowances. Here are some simple pointers to explain the reason and process for claiming capital allowances.
The CBI has stated that the government could do better to maintain solidity within the taxation structure by allowing current tax rules to remain in place for far longer.
Extra Statutory Concession A19 has been making headlines lately after HMRC recently campaigned to end ESC A19 altogether.
Around 5 million people have either paid too much or too little tax, it has been revealed.
The degree of tax avoidance by the super rich has been revealed after figures released by the Treasury.
Public sector workers will have to work longer and pay more into their pension funds if they want to continue to receive better pensions than those in the private sector, the chief secretary to the Treasury, Danny Alexander has said.