Total Tax

Specialist #taxexperts, providing bespoke #taxadvice for individuals, businesses, accountants and other professionals across the UK. Contact us on 0203 039 3993

[Total Tax @TT_Intelligence]

People in #SouthYorkshire are being urged to be on the lookout for fraudsters who have been telling people to buy #iTunesgiftcards to pay outstanding tax bills. South Yorkshire Police have said victims were being contacted by the fraudsters by a ‘variety of different methods’.

[Total Tax @TT_Intelligence]

Workers such as nurses, construction workers & those in retail & food may be able to claim #rebates. Staff in these types of roles sometimes have to dip into their own pockets to pay for work-related expenses & if paid through #PAYE, might be able to get some money back.
#tax

[Total Tax @TT_Intelligence]

The EU’s proposed 3% tax on the revenues of large internet and digital companies is likely to face defeat this week, amidst continued opposition from #Ireland and #Scandinavia, while a more recent compromise plan also faced opposition.
#tax #EU #accounting

[Total Tax @TT_Intelligence]

According to reports, the #government urgently needs to raise taxes to plug the £3.6bn funding gap in adult social care and must address this in its delayed #socialcare green paper with councils blaming the gap on “years of significant underfunding together with a rising demand'.

[Total Tax @TT_Intelligence]

According to research, the majority of #UKemployers believe the current #pensiontaxstructure is too complicated. Figures show that 59% believe that the tax system needs simplification, while 43% believe the lifetime allowance should be abolished. #pensions #uk #tax #allowance

[Total Tax @TT_Intelligence]

According to reports, Philip Hammond is set to announce the creation of a new 50 pence coin to commemorate #Brexit. The coin, expected to bear the phrase “Friendship with all nations”, will be released at 11pm on March 29th next year when the UK officially leaves the #EU.

[Total Tax @TT_Intelligence]

New figures reveal that the state #pension will rise by around £4.25 a week or £220 a year from next April. The full state pension will be worth £168.60 per week, or £8,767.20 after rising from £164.35 a week - above the rate of #inflation.
#Saving #gains

[Total Tax @TT_Intelligence]

Supporting our client affected by the #2019loancharge yesterday at the parliament and HM Treasury, great to meet some of our clients and non-clients.

#contractor #contractors #STOPtheLoanCharge #LoanCharge #LoanCharge2019

[Total Tax @TT_Intelligence]

Lord Alan Sugar launched a subtle dig at Brexit during the opening episode of The Apprentice warning that Britons may not be welcome in European nations following the UK’s departure in March 2019 saying enjoy it while we’re still welcome!

[Total Tax @TT_Intelligence]

The PM's government is engaged in high stakes negotiations over the terms of the UK’s withdrawal from the #EU. There are fundamental differences between the #UK gov & the EU’s negotiating task force, with time running out to find agreement before the next summit of EU leaders.

[Total Tax @TT_Intelligence]

#HMRC is working with over 150 software suppliers who have said that they will be able to provide software for #MakingTaxDigital for VAT in time for April 2019.

#tax

[Total Tax @TT_Intelligence]

The #PrimeMinister has announced that the #Government will lift the borrowing cap on social housing, something called for by lobbying groups for years.This means that local authorities will have more freedom to borrow in order to develop new affordable housing.#housing #landlords

[Total Tax @TT_Intelligence]

#ResidentialLandlordsAssociation steps up campaign for the Gov to help encourage longer tenancies & suggests rather than legislating for a set term, #landlords could receive tax relief on rental income which increases each year that a tenancy continues up to a maximum of 5 years

[Total Tax @TT_Intelligence]

Latest research shows that 37% of #landlords may have to increase rents to compensate for measures such as higher #stampduty, the removal of wear and tear allowance, and the phasing out of mortgage interest tax relief on investment properties.

[Total Tax @TT_Intelligence]

Chancellor #PhilipHammond has scrapped a planned tax cut for millions of self-employed workers. The Treasury has announced that it will no longer abolish #Class2NationalInsurancecontributions (NICs) which are payable by those who earn profits of £6,205 or more per year.
#uk #tax

[LandlordInvestShow @LandlordInShow]

We are pleased to welcome back @TT_Intelligence will be exhibiting our North London / Herts Show, 12th September 2018, Holiday Inn London Elstree, 9.00am - 3.30pm. Get your complimentary tickets and more information here https://t.co/TPQE4kDmN9 #property #london #networking

[Total Tax @TT_Intelligence]

#RevenueScotland has increased its interest rates for late paid tax and penalties and for repayments to keep in line with the #BankofEngland base interest rate increase from 0.25% to 0.75% which took place on 2nd August 2018 and will take effect from 8th August 2018.

[Total Tax @TT_Intelligence]

It has been suggested that the #netmigration target should be dropped & replaced by a system that ensures people coming to the #UK make a positive contribution to the economy & that extra funds should be provided for schools & hospitals where demand is increased by immigration.

[Total Tax @TT_Intelligence]

#BritishChamberofCommerce survey finds that 3 out of 4 #UKbusinesses surveyed believe the burden of tax administration & compliance has increased compared to 5 years ago, with the situation becoming more complex due to the number of tax reliefs & breaks spiralling.

[Total Tax @TT_Intelligence]

#UK #rents are expected to rise by 15% over the next 5 years due to a lack of supply, due to a continued reduction in new #property being put on the market in the #lettings sector, with 22% more respondents reporting a fall, marking the eighth consecutive quarter of decline.