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Archive | August, 2010

15 million people on wrong tax code leading to 240 million in tax overpaid

Sunday, August 15, 2010

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Millions of people are being taxed more than they should due tax coding notice blunders by HMRC. People mainly affected include pensioners and those with more than one source of income where the taxation is more complicated to begin with. The tax coding notice provides each taxpayer with their tax code for a particular tax [...]

HMRC Announces Extra Statutory Concession To Come To An End Next Year

Wednesday, August 11, 2010

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HMRC has announced that Extra Statutory Concession (ESC) B46 will come to an end on 31 March 2011. Businesses submitting Company Tax returns and employers’ end-of-year returns after this date must make sure the returns are submitted by the required dates to avoid fines. ESC B46 was a concession which meant people submitting end of [...]

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