Month: April 2026
Following the changes to employers National Insurance Contributions, the government have estimated that the change has resulted in an additional £28 billion being collected in tax.
Incorrect Notice of Codings
Written by Tony Shackleford on .
In a recent report it was revealed that HMRC had over charged taxpayers £3.5bn of tax as a result of 5.6m people having incorrect tax codes.
Where over payments of tax have arisen, tax payers are...
Child Benefit, High Income Child Benefit Charge, overpaid tax, PAYE coding notice, Self Assessment Tax, tax overpaid, Tax refunds
Covid Fraud
Written by Tony Shackleford on .
HMRC paid out £98 billion through the 3 covid support programmes is administered (CJRS, SEISS and eat out to help out). They have estimated that £11 billion was claimed fraudelently of which they...
Making Tax Digital Update
Written by Tony Shackleford on .
Making Tax Digital (MTD) for income tax commenced on 1 April 2026 for those self employed or having rental property income, with gross income in excess of £50,000
As at the end of March 2026,...