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News

Personal Tax

Non-residents tax rules tightened by HMRC

16 June, 2009

The HMRC has tightened the tax rules for non-residents who may now have to pay more tax.

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Tax changes could cause contractors to leave the country

15 June, 2009

As from 2010 people earning more than £150,000 will have to pay a heavy 50 per cent tax, something which is likely to cause contractors to leave the country.

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Conservatives in fight over tax avoidance legislation

06 June, 2009

In a parliamentary battle the Conservatives challenged the finance bill containing plans to shut down a tax avoidance scheme used by hedge fund managers.

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Harsher penalties ahead for offshore savers as HMRC plans second amnesty

20 February, 2009

People hiding their savings in offshore accounts could be hit even harder by the 2nd tax amnesty as tougher penalties are planned by the HMRC.

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Apology from the HMRC for online tax return problems

02 February, 2009

An online glitch in the system for filing self-assessment tax returns has led to confusion among taxpayers.

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