If your income is less than £10,600 in the 2015 to 2016 tax year, you may be able to reduce your husband, wife or civil partner’s tax by up to £212.
The new Marriage Allowance will let you transfer… Continue reading
Workers have won a groundbreaking case at the Employment Appeal Tribunal to include overtime in holiday pay.
This means all people working voluntary overtime could claim for additional holiday pay. Currently, only basic pay counts when calculating holiday pay.
The… Continue reading
A number of incorrect 2013-14 tax calculations (P800) and payable orders were issued to customers in a three-week period from 15 September.
This issue only affects a small proportion of the 2013-14 P800s and payable orders which were issued in this three-week period, and the issue is limited to Income Tax only.
HM Revenue and Customs (HMRC) is urgently investigating… Continue reading
Minimum wage rates increase from 1st October 2014
The National Minimum Wages rate (per hour) depends upon the individual’s age and whether they are an apprentice. To obtain the National Minimum wage individuals must also be at least of school… Continue reading
George Osborne is readying plans that will see up to a quarter of a million European migrants pay tax in Britain for the first time.Temporary workers from the European Union will lose the right to use the £10,000 tax-free personal… Continue reading
Top rate to apply to one-in-three
An analysis by the OBR suggests more than 10m people will be higher rate taxpayers within two decades as the 40p band becomes the “norm” for millions of the middle class. Teachers and senior… Continue reading
Osborne to merge income tax and NI
Downing Street is actively considering the merger of income tax and NIin the next parliament. Sources said the Chancellor has long considered NI a stealth tax and came close to implementing… Continue reading
Tax man errors mean 3.5 million employees will have to pay money back
Estimated number of errors in the tax system is on the rise despite the new ‘more accurate’ £273m system
More than five million workers have paid the… Continue reading
Holiday benefits should not be lost when an employee dies before claiming them, the European Court of Justice (ECJ) has ruled.
The decision overturns a German court that ruled a widow could not claim payments for holidays lost due to… Continue reading
Plans announced in the Queens speech
From the financial year 2015-16, married couples and those in civil partnerships will be able to transfer £1,050 of their income tax personal allowance between the two partners. Additionally, the Conservative party is said… Continue reading