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We have just switched on our our 2011 Budget Calculator website for you - as of now it’s not complete as the Budget speech has not been given yet, however due to many changes for the 2011/2012 Tax Year already being announced we have keyed in the following figures - The budget speech concluded around [...]
Tuesday, March 22, 2011
The 2011 Budget is fast approaching and due to the level of changes, families have been given generous time with announcements being made within the emergency budget last year as well as the publishing of tax bands and rates last December. Nearly 50 reforms to the tax and benefits system will come into action from 6th [...]
Mon, Jan 16, 2012
Our tax calculators have now been updated to include the upcoming 2012/2013 tax rates and allowances. Give them a try at www.uktaxcalculators.co.uk or try the widget below! tax calculator powered by UKTaxCalculators.co.uk You will need to select 2012 on the widget. Good news, as announced in last year’s budget, is the increase of the personal tax free allowance (under [...]
Wed, Oct 19, 2011
Following on from our previous reports regarding errors being dug up at HMRC, news broke today that as a result of errors/’backlogs’ within the tax system, six million people are to receive an average £400 tax refund whilst just over a million people are facing an average £600 tax bill. Mistakes/’queries’ going back to 2001 reveal [...]
Thu, Sep 29, 2011
If you are an employee and taxed via PAYE (Pay As You Earn) your payslips from your employer, or employers, are calculated on a cumulative basis. What this means is that your employer uses the tax code that has been given for you for a particular tax year to calculate your tax free allowances on a [...]
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Wednesday, March 23, 2011
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