News
News & Articles
Glazers Chartered Accountants,
843 Finchley Road, London, NW11 8NA.
T: 020 8458 7427, F: 020 8458 8504
E: quality@glazers.co.uk
843 Finchley Road, London, NW11 8NA.
T: 020 8458 7427, F: 020 8458 8504
E: quality@glazers.co.uk
Glazers March 2010 Newswire
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| 50% Tax Rate - Act Now! |
The new 50% top income tax rate comes into force from 6 April 2010, for individuals with annual taxable income above £150,000. There is also a tax hike for those with income above £100,000 as you will lose your personal allowances, bringing more of your income into the tax net. Click here to view article. |
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Vehicle Scrappage Scheme Ends This Month |
The Vehicle Scrappage Scheme is a voluntary scheme for motor dealers under which participating dealers give buyers a £2,000 discount off the purchase price of a new car (or certain types of small van) in exchange for scrapping their old qualifying vehicle. Click here to view article. |
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PAYE – New Penalties |
Businesses risk fines of up to £3,000 if they fail to submit their Employer Annual Returns electronically this year. Click here to view article. |
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| HMRC Offer Advice On Fraud Emails |
HMRC are warning taxpayers to be vigilant as there have been several reports of scam emails offering a tax repayment. Taxpayers should not respond to any email promising a tax repayment. Click here to view article. |
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Managed Payment Plans |
HMRC has announced that they will launch a new method of paying tax liabilities, known as Managed Payment Plans, in April 2011. Click here to view article. |
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| Student Loan Repayments |
HMRC have announced a new initiative to reduce student loan over repayments for those ex students who repay their loan through PAYE deductions. Click here to view article. |
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| Tax Codes Being Issued |
HMRC have updated their guidance on the issue of multiple or incorrect PAYE tax codes to some employees following the introduction of their new National Insurance and PAYE computer system. Click here to view article. |
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| Business & Tax News |
You can find all our recent tax and business articles by clicking on the following links: Tax - www.glazers.co.uk/tax_news.htm |
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Glazers Chartered Accountants
843 Finchley Road, London NW11 8NA Tel no: (020) 8458 7427 Fax no: (020) 8458 8504 e-mail:quality@glazers.co.uk web: www.glazers.co.uk
The information in this newswire is believed to be correct at the time of circulation. It is essential to take advice on specific issues. |