Some non-compliant umbrella companies pay workers part of their wages in the form of non-taxable loans, grants, advances etc. If you have received a letter headed ‘We think you may have been involved in tax avoidance’ from HMRC, you may be working for one of these umbrella companies and you need to ...
If you have been involved in a loan scheme and receive either a letter from an organisation (or their solicitors) purporting to now own your loan, or a Statutory Demand for payment – do NOT ignore it. We suggest that ...
In the past, the National Insurance Contributions Office (now part of HMRC) used to send out ‘deficiency notices’ telling people about gaps in their National Insurance contribution record. These notices gave you an opportunity to plug the gaps by paying additional contributions. But HMRC now expect ...
From April 2021, student loan borrowers who received their loans from the Student Award Agency for Scotland (SAAS), will have been moved to a new student loan repayment plan, called Plan 4. LITRG has published guidance on how these new Plan 4 repayments work if you are an employee and/or complete a ...
Since April 2018, there have been five rates and bands of Scottish income tax. This affects the way in which some Scottish taxpayers get tax relief on pension contributions and Gift Aid donations. Our article below explains how you can make sure you get the right tax relief.
It is welcome news to many self-employed people and partners in trading partnerships that the fourth Self-Employment Income Support Scheme grant (SEISS 4) claim process is now open until 1 June. This time, some people who started a business during the 2019/20 tax year will be eligible to claim. ...