Tax Articles
Dealing with HMRC tax debts
20th May 2019Her Majesty’s Revenues and Customs (HMRC) is one of the biggest creditors in Scotland, and indeed across the rest of the UK. Millions of people make payments to the government through HMRC in the form of income taxes, National Insurance and VAT every year. For the majority of people in employment, this is done automatically […]
Read more
Are you entitled to the £900 Marriage Tax Allowance?
26th April 2018It is estimated that nearly two million UK couples are eligible but yet to the claim the Marriage Tax Allowance which was introduced in April 2015. This allows couples who meet certain criteria to transfer £1,190 of their personal tax allowance from one partner to the other, representing a tax saving of £238 for 2018/19. […]
Read more
Calls to HMRC Last Year ‘Cost Personal Tax Payers £97 Million’
25th May 2016Making phone calls to HM Revenue & Customs (HMRC) cost UK personal tax payers as much as £97 million over the course of the year 2015-16. That’s according to official figures on the subject from the National Audit Office (NAO), which has criticised the government’s main tax-gathering body for laying off customer service staff too […]
Read more
Millions Missing Out on £212 Savings Through Marriage Tax Allowances
12th February 2016Millions of Britons are understood to be missing out on the potential of saving £212 on their annual tax bills by not claiming marriage-related tax allowances for which they are eligible. According to the latest figures, as many as 3.7 million couples around the UK are currently eligible for but not taking advantage of the […]
Read more
Council Tax Now Britain’s Leading Source of Debt Problems
8th September 2015Council tax arrears is now the leading source of debt management problems among consumers throughout the UK, according to Citizens Advice. The charity reports that 12 per cent of people who turn to its advisors for help are worried primarily about the debts they owe as council tax, with tens of thousands of individuals around […]
Read more
Tax Credit Cuts Expected Among Budget Announcements
13th July 2015Significant cuts to tax credits are expected to feature among chancellor George Osborne’s announcements at this week’s Budget. The move could come as bad news for many families and working men and women around the UK but the newly-formed Conservative government has made clear its commitment to cutting welfare spending by £12 billion. Faced with […]
Read more
Overcoming issues with tax credit overpayments
10th October 2014Tax credits are designed to help individuals and families top up their incomes when they are finding it difficult to pay for essential everyday expenses based on their ordinary incomes. The credits are distributed through official government-approved channels in Scotland and the rest of the UK. For the most part, these credits are received only […]
Read more