Although they are self-employed, Construction Industry Scheme (CIS) workers often have an amount deducted from their payments before they receive them. This is to cover their tax and National Insurance contributions (NIC). For many CIS workers the amount deducted will be too high, and they will be ...
Today, there are more gig workers than ever - with many now doing gig work as their primary source of income rather than a means of supplementing other income. Managing your tax position can be difficult at the best of times but we know that workers in the gig economy can find it extra ...
The Low Incomes Tax Reform Group (LITRG) has published new guidance for taxpayers who might be considering using a tax refund company to help them obtain a tax refund.
We have recently been made aware of some cases involving people who have used a tax agent/refund company to claim tax refunds on their behalf, typically through the Self Assessment tax return process. HMRC have now asked the individuals to repay the refunds they received. Most of these claims ...
HM Revenue & Customs (HMRC) are sending letters to businesses that might have misused their till systems, and as a result not paid the correct amount of tax. This is an opportunity for these businesses to get their tax affairs in order. We explain more about the letters and what to do if you ...
The Low Incomes Tax Reform Group (LITRG) has welcomed the announcement1 that repayment agents will be required to register with HMRC – a further step aimed at protecting taxpayers who use agents to help them claim tax refunds. However, LITRG has questioned how HMRC will enforce this ...