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Showing results for tags 'taxman'.
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This financial year sees the start of the new marriage allowance. More than four million couples are eligible for a tax allowance of up to £212, but you have to formally claim it. Referred to by the Government as the Marriage Allowance, it is estimated that more than four million married couples and 15,000 civil partnerships are eligible for the tax break. To be eligible for the Marriage Allowance, the individual making the claim must earn less than £10,600 and their higher earning spouse or civil partner earn between £10,601 and £42,385. This does exclude those wit
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The excuses were all used in unsuccessful appeals against HMRC penalties for late filing and payment. Here’s the full list: My pet dog ate my tax return…and all the reminders. I was up a mountain in Wales, and couldn’t find a postbox or get an internet signal. I fell in with the wrong crowd. I’ve been travelling the world, trying to escape from a foreign intelligence agency. Barack Obama is in charge of my finances. I’ve been busy looking after a flock of escaped parrots and some fox cubs. A work colleague borrowed my tax return, to photocopy it, and didn’t give it back.
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http://www.tax-news.com/news/HMRC_Hails_Victory_In_Stamp_Duty_Avoidance_Case____57427.html
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HM Revenue and Customs has received a bloody nose from a ruling which shows the courts will side with taxpayers and order HMRC to repay fines with interest where it can be shown to have acted unreasonably. Judge Geraint Jones QC ruled against the taxman and in favour of Kathleen Loma who was first told she had to complete a tax return in January last year, when HMRC sent her a paper form, which she returned before the January 31 deadline. However, HMRC then fined her £100 because paper returns had to be filed by the previous October 31. HMRC had not told the taxpayer she should file elect -
The areas of focus will include: A taskforce to tackle tax evasion among buy-to-let landlords will focus on East Anglia, London, Leeds, York, Leicester, Nottingham, Lincoln, Durham and Sunderland and is expected to recover £17million; A crackdown on taxi firms in Nottingham, Yorkshire, Leicestershire and Derbyshire, expected to recover more than £2million; Targeting London’s indoor and outdoor market traders to recover £1.85million; A focus on restaurants in the Midlands to recover £2.5m. http://www.dailymail.co.uk/money/news/article-2152701/Taxman-target-buy
