HM Revenue and Customs (HMRC) have once again promoted their new abilities in searching for tax evaders. The days of stashing money in a foreign bank account are over, according to their new correspondence. The HMRC have issued the following points: • HMRC is getting tougher on those not paying the right amount of tax
At Whittaker & Co we are proud to support our forces, and many of our clients are ex-armed forces, our Managing Directors are also ex-army. Tax Free Pension In support of the forces, HMRC has also shown backing to our heroes by offering tax allowances on their pensions. If you have received one of the
Whittaker & Co are holding events in Summer/Autumn 2016 in various locations across the UK where our clients are welcome to attend and bring along their colleagues, family and friends. If your colleagues/family members have done nothing about that letter from HMRC from 3 years ago, or they are hiding their earnings from abroad under
Many mortgage lenders are now asking to see copies of HMRC SA302 forms covering the past two or three tax years. The SA302 is a response from HMRC which is issued to those who file a paper tax return before 31 October following the end of the tax year. If you or your accountants have filed a tax return
We have received numerous emails and calls in the last 2 weeks from clients who have received a letter from HMRC requesting a tax return for tax year 2014/15. A copy of the standard letter is below. Some clients who have received this letter have already had their tax return submitted by Whittaker & Co.
At Whittaker & Co we are aware that many of our clients work abroad and keeping up to date on your accounts or tax info is not always top of your priorities! Therefore we have been busy improving our social media sites so you can get the latest tax/accounts news easily to your mobile devices.
Statutory Residence Test 1 Year on 17th June @HMRC Trinity House, Manchester Lawrence Houghton – Head of the Advisory Board to HMRC Chris Birkett – Compliance Officer for HMRC It was great for myself and Steph Davies, head of our non res section at Whittaker & Co, to attend a Q & A session and
Anna Cooperwhite, Managing Director, has commended her staff for the renewal to go through smoothly and for the company to retain it’s status. Dr. Richard Murphy from AJA Registrars also heaped praise on the organisation for which the ISO 9001 information was presented and had no questions or queries left unresolved. Special recognition to Rhiannon
We are pleased to announce our new Hereford branch open as of Wednesday the 10th of June. The surgery will be open every Wednesday and Thursday from 10.00am to 4.00pm where Paula Jones and Heulwen Thomas will be available to answer questions or for appointments by prior arrangement. The office is situated at Java House,
Written confirmation has been received today (02/06/2015) regarding HMRC’s position on Tax Credits for couples where one claimant works overseas. Previously we have quoted the rule – ‘In the case of a joint claim, where one claimant works out of the UK for 8 or more weeks at a time, the claimant remaining in the
As of 11th May 2015, Whittaker & Co (UK) Ltd have become members of Kidwells Rated Ltd. An Insight in to being members of Kidwells Rated Ltd. Kidwells Rated Ltd is a one stop shop to find a business or trade that has been tried and tested by us and given our seal of approval.
New Income Tax Rates for New Tax Year As the new tax year 2015-16 has begun, this means that HMRC have now implemented the new income tax rates and personal allowances. You can find these on HMRC’s website www.gov.uk/income-tax-rates The tax rates are as follows: Basic Rate 20% on income £0 to £31,785 Higher Rate
New Tax Year 6th April 2015 to 5th April 2016 As the new tax year has begun you may receive or may have already received some correspondence from HMRC about the new tax year. New tax codes for PAYE income should have been issued. For information about PAYE tax codes please see the following page
HMRC 2015 Tax Return Letters As the tax year for 6th April 2014 to 5th April 2015 has now ended, HMRC will now be in the process of sending letters to anyone that, on their system, requires a tax return. If you receive a letter from HMRC please feel free to contact us at Whittaker