Are you exempt from Making Tax Digital for Income Tax? HMRC clears up the confusion
Making Tax Digital (MTD) for Income Tax is in full swing, but there is still confusion in the air over who is exempt from these requirements.
Accountancy
Taxpayers face the prospect of heavy tax bill on their savings: How can you protect your money?
As the Government attempts to balance its books, HM Revenue and Customs (HMRC) has revealed over 2.6 million taxpayers will be hit with tax bills on their savings.
UK ‘stealth taxes’: How does this affect my finances?
Unsuspecting taxes that you often pay without realising, such as VAT (Value Added Tax) and the more recent tax freezes, are commonly referred to as ‘stealth taxation’.