Think tank proposes five tax changes

The Government could save almost £7 billion a year by 2022/23 by tweaking five existing wealth taxes and subsidies, a think tank has argued. Scrapping the lifetime and help-to-buy ISAs, reforming or replacing council tax, and clamping down on inheritance tax loopholes...

Thousands file tax returns over Christmas

More than 10,000 people filed their self-assessment tax returns over Christmas 2018, ahead of the 31 January 2019 deadline. According to figures from HMRC, a total of 2,616 people filed their self-assessment tax return on Christmas Day, with 231 sent between 1pm and...

Dates and deadlines for January 2019

As we begin 2019, here are some important tax dates to keep in mind this January. 7 January VAT return Due date for November VAT returns unless exempted. 14 January EC sales list Deadline for paper monthly or quarterly return filing. CT61 payment Due date for income...

Grandparents splash £2bn on festive gifts

Grandparents are poised to spend more than £2 billion on providing gifts to children this Christmas, according to a study. Research from SunLife shows the average grandparent will spend £67.62 on each grandchild in the run-up to 25 December 2018. Grandparents in the...

Taxpayers warned of HMRC scam calls

HMRC is warning taxpayers of a widely reported phone call scam, which threatens legal action against the recipient if they don't make a payment. Ahead of the self-assessment tax return deadline on 31 January 2019, some taxpayers are receiving calls claiming the tax...
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