HMRC warn fraudsters are targeting pensioners

Approximately 146,000 people who started to receive their State Pension during 2010-11, and who had other income, may have underpaid tax for 2010-11. The underpayments will have arisen due to a computer glitch at HMRC. As the error was discovered in the year the liability arose these underpayments will not be waived by HMRC. Scammers…

Four reasons to file your Tax Return on time

Four reasons for filing your tax return on time Late filing of your self assessment tax return for 2010-11 will be subject to a new penalty regime. The old £100 penalty has not proved to be the deterrent it was intended to be – too many tax payers are still filing late returns. From October…

Tax Credits

HMRC are in the process of sending out renewal packs to Tax Credits claimants for the tax year 2011-12. If you wish to renew your claims, make sure that you submit the forms before the 31 July 2011 deadline otherwise your payments may stop. The tax credits helpline number is 0845 300 3900. Claimants should…