HMRC are to send out letters next week detailing the finding of its reconciliation of PAYE taxation from the 2011/2012 tax year. 3.5 million people will be happy to hear that they will be due a refund, an average of around £380, however it’s not all good news. 1.6 million people will be facing demands [...]
Students working over the festive season are reminded that they can claim the tax back on holiday jobs where the total income for the year is below the annual personal allowance of £6,475. To take advantage of this and make sure no tax is deducted from their earnings, students are advised to complete the Form [...]
TaxPenny News is a specialist UK Tax News Service provided by TaxPenny – The Online Tax Return Specialists. Visit our main site at www.taxpenny.co.uk to learn more about the services we provide. If you need help completing your tax return and would like a professional to take the burden off your shoulders, enter your details [...]
TaxPenny have simplified the tax refund process further with the introduction of tax calculators on it’s website at www.taxpenny.co.uk. The new inspecTax system allows individuals from various fields of employment to estimate how much tax may be due to them going back as far as the last 6 years. So you can get a good [...]
Friday, May 11, 2012
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