UK tax inspectors collect record £23.9bn


    





Investigations by tax inspectors have collected a record £23.9bn over the last year, according to official figures.

The total was £3.2bn more tha..  Read more

New Legislation Causing Nervousness


    

Contractors being subjected to unnecessary checks by agencies

Probably not unexpectedly, the new Agency Legislation is already wreaking havoc amongst some agencies and causing knee jerk reactions.

The legislation, enshrined in Chapter 7, Part 2, Income Tax (Earnings and P..  Read more

Are you "Employed with a second income"?


    


HMRC have recently launched 'The Second Incomes Campaign', aimed at employees who are UK resident and running a business on the side but not paying tax on the income. A second income could derive from:

consultancy fees, e.g. for providing training
organising parties..  Read more

John Redwood: 'Top tax rate cut is raising billions'


    

Cutting the top rate of income tax has massively increased the amount of money the rich are paying into government coffers, says a senior Tory MP. John Redwood points to figures from HM Revenue and Customs that show a £9bn increase in tax receipts this year - after the top rate was cut to 45%.
..  Read more

Overview of Anti-avoidance Tax Legislation 2014


    

This article summarises tax changes to be legislated in relation to Anti-avoidance in Finance Bill 2014 and/or other legislation, including secondary legislation having effect in 2014-15.

 

Offshore employment intermediaries –

As announced in Budget 2013..  Read more