Common Mistakes To Avoid During Your First Self-Assessment Tax Return
With the deadline for filing a self-assessment fast approaching, you may be more prone to making mistakes on your self-assessment tax return – especially for first timers. Here are the Common mistakes you need to avoid on your first self-assessment...
HMRC Takes Aim at High Income Child Benefit Charge Non-Payers
HMRC's latest initiative targets tax agents over discrepancies in clients' self-assessment returns regarding the High Income Child Benefit Charge and employer-submitted reports, aiming to rectify errors via a voluntary amendment program.
Understanding the High Income Child Benefit Charge in the UK
The UK's High Income Child Benefit Charge (HICBC) faces scrutiny over fairness and impacts on benefit entitlements, prompting calls for policy reviews and automatic eligibility measures