News
September 2010
Annuities Limit Set For Scrapheap
Consultation is under way on government plans to scrap the maximum age limit for annuitising.
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Boost for ISA Transfers
Account holders will soon benefit from faster transfers between cash ISAs.
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Government Targets Pensions Tax Relief
Pensions tax relief is set for a major shake-up as the government continues to tackle the country’s financial deficit.
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National Minimum Wage Rates Rise From 1 October
Employers are reminded that new national minimum wage rates (NMW) will come into force from 1 October.
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Helping Hand On VAT Errors
HM Revenue & Customs (HMRC) has issued new guidance on correcting VAT errors.
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HMRC Steps Up Online Employer Information
Employers will be able to access more HM Revenue & Customs (HMRC) advice and guidance online and via downloads as HMRC works to reduce the amount of information it posts out.
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Furnished Holiday Lettings Rules Under Review
The government has launched a consultation on the tax rules for furnished holiday lettings.
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IHT In The Spotlight
HM Revenue & Customs (HMRC) has launched a consultation into tackling inheritance tax avoidance associated with trusts.
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Taxpayers Warned Of Phone Con
HM Revenue & Customs (HMRC) is warning taxpayers to be vigilant following reports that thieves are making phone calls pretending to be the taxman.
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HMRC Brings In Debt Collectors In 2010-11
Debt collection agencies will be used by HM Revenue & Customs (HMRC) during 2010-11 to collect an additional £140m of tax debt.
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Greener Cars Drive Up Savings
Private and fleet buyers in the UK are to be offered up to £5,000 as an incentive to buy greener cars in a government scheme launching at the start of next year.
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