HMRC is ‘inundated’ with claims using little known tax relief for home workers’ office equipment – how do you make a claim and what is it? Millions who are now working from home are entitled to claim for certain items This could include study chairs, desks and stationery, printer paper and ink These claims are … Read more
The Government’s coronavirus furlough scheme website opened today with a capacity of up to 450,000 claims per hour – as millions of Britons face losing work amid the ongoing pandemic. The scheme for workers who have been furloughed – given a temporary leave of absence – opened today and Chancellor Rishi Sunak announced a £1.25 … Read more
Companies abusing furlough subsidies face criminal penalties: HMRC chief urges furloughed staff to report firms still asking them to work as cost of scheme TRIPLES to £40bn over three months Coronavirus job retention scheme sees government pay furloughed staff wages But furloughed employees not allowed to carry on working for their company HMRC chief executive … Read more
Watch out for these two coronavirus scams that could trick ANYONE: Police warn of fraudsters trying ‘to take advantage of the public’ Scam text messages have appeared claiming to be from government and HMRC The Government text appears below a legitimate coronavirus warning It told the recipient they owed £35 after being caught leaving the … Read more
Lifetime Isa customers see delay on February bonus payments of up to £1,000 due to taxman glitch EXCLUSIVE: A blunder means that first-time buyers may be left without £1,000 Each month Lifetime Isa holders receive a 25% bonus on their monthly savings They can earn up to £1,000 on £4,000 of savings every tax year … Read more
Every year the taxman sends out around 28 million tax codes to employees and pensioners — with the bulk landing around this time of year. The code tells you how much you can earn before you have to pay any income tax. Your tax code notice might seem dull but if the numbers and letters … Read more
Waiting on the taxman: Hundreds of thousands of people being forced to wait more than ten minutes to speak to HMRC By Money Mail Reporter For The Daily Mail Published: 22:00 GMT, 25 February 2020 | Updated: 08:39 GMT, 26 February 2020 On hold: HMRC aims to pick up the phone within five minutes Hundreds of … Read more
A father of two has won a battle to overturn hefty child benefit penalties after unwittingly breaking controversial tax rules. He successfully appealed against fines, currently amounting to some £2,400 including interest, after representing himself against HMRC at a tax tribunal. Ian Taylor (not his real name) argued that he didn’t know his wife was … Read more