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HMRC target secondary incomes

02.05.14

HMRC are trying to persuade those with an undeclared secondary income earned through self-employed work to come forward and pay any unpaid tax under a new initiative called the ‘Second Incomes Campaign’...

HMRC to share data?

29.04.14

HM Revenue & Customs could sell the information of millions of taxpayers to private firms, despite MPs and tax professionals displaying concerns over the proposals...

More fall into 40p tax bracket

23.04.14

According to the Daily Mail, the number of people who fall into the 40p tax bracket has risen by 400 per cent in the past three decades...

UK tax updates 2014/15

07.04.14

The personal allowance for the 2015/2016 tax year will increase to £10,500 (from £10,000 for the 2014/2015 tax year)...

Budget 2014: Key points

24.03.14

Last week, Chancellor George Osborne announced his fifth Budget to the House of Commons...

Less to be affected by 40p tax?

07.03.14

Backbench Tories want Chancellor George Osborne to raise the threshold of the 40p tax bracket in this month's budget so it doesn't affect as many workers...