WH Smith sells £25 tax return guide that's five years out of dateThe Telegraph - By Sam MeadowsWH Smiths has been accused of putting the public at risk of fines after selling a guide to completing a tax return that is out of date by five years. The glossy booklet, titled “Do-it-yourself Tax Return
Charities urge Government to extend Gift Aid to higher-rate taxpayersThe Telegraph - By Sam BarkerTax rules should be overhauled to allow higher-rate taxpayers to give more cash to charity, a report recommends. The Charity Tax Commission (CTC) report has called on the Government to let higher-rate
Puppy sellers under threat of being hounded by HMRCThe Telegraph - By Harry BrennanDog lovers could be caught in a tax crackdown after HMRC announced it has raked in more than £5m from underground dog breeders who sell puppies on the black market and evade tax, experts say. One breeder
Grant Thornton Tax hacks: how your spouse can cut your bill by thousands of poundsThe Telegraph - By Mike WarburtonIn Tax Hacks, our columnist Mike Warburton – previously a tax director with accountants Grant Thornton – brings you his best tax-saving tips It is difficult to believe that as recently as 1990 married
Phone Scams Digital tax system blamed for surge in HMRC fraudThe Telegraph - By Harry BrennanPhone scams targeting taxpayers have skyrocketed, with more than 100,000 reported to HM Revenue & Customs in 2018-19 alone. This is a huge increase on the 407 reports received in 2016-17 and the 7,778
Six arrested in connection with scheme to dodge tax avoidance crackdownThe Telegraph - By Sam MeadowsSix people have been arrested in connection with a scheme promising to sidestep a controversial tax avoidance crackdown. Telegraph Money has previously warned against dubious arrangements promising to
Cut care fees and avoid inheritance tax? The fix only few knowThe Telegraph - By Laura MillerOlder savers and their families who pick a little-known pension option can cut the cost of later life care by completely avoiding inheritance tax (IHT), but experts say many are missing out. Pensioners
Welsh workers pay wrong amount of tax... after being given Scottish ratesThe Telegraph - By Sam MeadowsWorkers in Wales have paid the wrong amount of tax after being assigned Scottish tax rates instead. Income tax was devolved to the Welsh government in April but it has emerged a problem with tax codes
Tax hacks: how to understand your PAYE codeThe Telegraph - By Mike WarburtonIn Tax Hacks, our columnist Mike Warburton – previously a tax director with accountants Grant Thornton – brings you his best tax-saving tips This is the time of year that many of us in employment, or private
New tax year 2019: The changes coming into effect today, from income allowance to buy-to-let reliefThe Telegraph - By Sam MeadowsThe new tax year starts on today and in general taxpayers will have more money in their pocket after increases to allowances come into force. Those selling shares or buy-to-let properties, however, will
Bogus HMRC emails: the official guide to spotting scamsThe Telegraph - By Sophie SmithAs well as spelling mistakes and poor grammar, there are a number of things you can look out for to help you recognise a "phishing" or bogus email, says HM Revenue & Customs (HMRC). Thousands of taxpayers
Government rules out delay to controversial 'loan charge' policyThe Telegraph - By Sam MeadowsA review of a tax avoidance crackdown landing 50,000 contractors with six-figure bills has been branded a “propaganda document” by campaigners. The Treasury was forced to publish a review of the controversial
Opposite sex couples granted right to civil partnerships – and £190k perksThe Telegraph - By Laura MillerThree million opposite-sex couples who live together, and many more who live apart, will be able to enjoy the financial benefits of marriage without getting wed by the end of the year, after a bill extending
Probate fee 'stealth tax' will mean less money for good causes, charities warnThe Telegraph - By Harry BrennanHuge increases to probate fees that many have dubbed a "stealth tax" will mean people will have less to donate to good causes when they die, a group of charities has warned. In an open letter to the Ministry
Warning over ‘snake-oil tax salesmen’ preying on contractorsThe Telegraph - By Sam MeadowsThe taxman is downplaying the number of healthcare professionals set to be hit by huge bills in a major tax avoidance crackdown, MPs have claimed. Around 50,000 contractors are facing the “loan charge”
Just half of contractors hit by 'loan charge' register to settle with taxman ahead of April deadlineThe Telegraph - By Sam MeadowsTens of thousands of self-employed consultants caught up in HMRC’s loan charge crackdown are yet to settle, it has emerged. Of the 50,000 people set to be hit by the charge on so-called disguised remuneration
MPs fear self-employed are unprepared for digital tax changesThe Telegraph - By Adam WilliamsMajor tax reporting changes for self-employed people are just weeks away, yet MPs have admitted that small businesses are unprepared for the digital shake-up. As Telegraph Money reported last week, small
Investors secure funding for legal fight over HSBC film scheme tax dodgeThe Telegraph - By Sam Meadows and Sam BrodbeckHSBC is facing legal action from a group including sporting stars who claim they were misled by promoters of a film investment scheme. The group of more than 400 investors were told they were buying the
Homeless man fined by HMRC for filing his tax return lateThe Telegraph - By Sam MeadowsA judge has told HM Revenue & Customs its behaviour was "ridiculous" and "a scandal" after the tax office attempted to fine a homeless man £1,600 for filing his tax return late. The man, who had been self-employed
When is the self-assessment tax return deadline – and what happens if I miss it?The Telegraph - By Sophie SmithJan 31 is the deadline for filing an online self-assessment tax return, and any delays could result in a minimum £100 fine. If you're self-employed, a business partner or director of a limited company,
Broken boilers, lost maids and a witch's curse: the bizarre reasons given for late tax returnsThe Telegraph - By Sam MeadowsA taxpayer claimed their self-assessment tax return was filed late because their mother-in-law placed a witch’s curse on them. It is one of the more bizarre cases revealed by HM Revenue & Customs in its
Self-employed risk fines after HMRC sends inaccurate tax remindersThe Telegraph - By Sam MeadowsThe self-employed are at risk of being charged for late payment of tax because of a technical glitch in the Government’s systems, accountants have warned. Those who have already filed their tax returns
Tax avoidance crackdown to be reviewed amid fears it could bankrupt contractorsThe Telegraph - By Sam MeadowsThe Treasury minister has promised to review a tax avoidance crackdown that campaigners have said will bankrupt taxpayers. Those who used so-called disguised remuneration schemes to avoid tax as far back
Government could back down on 'disguised death tax' following Lords pressureThe Telegraph - By Harry BrennanThe Government could back down on radical changes to probate fees that have been slammed as a “stealth death tax” on top of existing inheritance tax levies, following fierce criticism from the House of
HMRC's powers on tax avoidance 'undermine access to justice', say LordsThe Telegraph - By Sam MeadowsPowers given to the taxman to clamp down on tax evasion and avoidance are "undermining access to justice", an influential group of Lords has claimed. In its report on the avoidance crackdown the House
Warnings courts will be overwhelmed due to new 'death tax'The Telegraph - By Harry BrennanCourts throughout the country could be overwhelmed by an influx of early probate applications, as people scrabble to sort out their affairs before the Government’s proposed “death tax” is introduced. Institute
Banks urged to standardise rules to help the bereavedThe Telegraph - By Harry BrennanBanks must do more to help customers who have lost a loved one, a tax body has said. A much-anticipated report on streamlining the process of paying inheritance tax (IHT), carried out by the Office of
MPs back 'gold digger' rule to protect families' inheritanceThe Telegraph - By Laura MillerFamilies worried their relatives are being taken for a ride by unscrupulous spouses marrying for money are a step closer to getting greater legal protection for loved ones. A Bill targeting so-called marriages”
Lords blast probate 'stealth tax' as misuse of Government powerThe Telegraph - By Laura MillerPeers have launched a searing attack on the increase in fees that tens of thousands of families must pay after a loved one dies, branding the move a “stealth tax” and a “misuse of power”. The Government
