Tax Solutions

HMRC raises penalty fines

The taxman is set to increase the current fine for late tax return submission from £100 to £1,300...

HMRC cancel debts

Around 10,000 people who were handed shock tax bills in the wake of last year’s HMRC tax code fiasco have seen their debts cancelled after successful appeal.

Maldives said to have easiest tax system

A recent study has revealed the Maldives to be the easiest place to pay taxes...

Philippines moved onto tax haven white list

The Organisation for Economic Co-Operation and Development has officially removed the Philippines from its tax haven grey list and placed it onto the approved white list...

Expats and tax: How the 91 day rule does not give complete protection

A number of recent incidents, none more so than the case of Robert Gaines-Cooper, have again highlighted the difficulties that can arise when people seek to establish themselves as non UK residents...

British businesses consider offshore relocation

An official report commissioned by HMRC has discovered that one in five, around 20 percent, of big British businesses have considered a foreign relocation to avoid the current tax regime...

HMRC withdraw fine handed out for mistake

A controversial fine, dished out by the taxman to a man who completed his tax return but made a small error...

Experts warn rise in Capital Gains Tax could damage economy

The new Government’s plans include a raise of capital gains tax, up from the 18 percent it stands at now...

Coalition Government unveil plans for new taxes

Yesterday Britain’s new regime truly began as the Queen’s Speech outlined that the middle-classes...

Solar panels offer tax savings

The Department for Energy and Climate Change's (DECC) Clean Energy Cashback Scheme is promising...



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