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?
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.