There was a time when paying tax at more than the basic rate made you a member of a somewhat select club, but higher rate taxpayer numbers are rising sharply. If that’s you, then independent financial advice is now more important than ever.
A recent review by the OTS has put a major question mark over HMRC’s approach to collecting tax on child benefit, with nearly 100,000 people suspected of not paying the correct amount. Could you be one of them?
The new year is a time of resolutions and the same is true of the new tax year, but from a personal financial standpoint, the 6 April does not signal a positive outlook. How prepared are you for the taxing times ahead?
Recent data suggests the popularity of the company car continues to fall, but tax cuts on zero-emission cars have prompted renewed interest. Despite the proposed perks, be sure to check that you’ll be better off.
The first Autumn Budget in three years – and the Chancellor’s third in less than 20 months – featured no significant increases in tax, but it’s never too early to start thinking about your year-end tax planning.