“HM Revenue and Customs (HMRC) has come under fire for spending over £1m on ‘fancy’ office chairs in three years, despite staff only needing to be in the office three days a week. Additionally, £59,000 was spent on desks and £16,000 on storage units,...
Nigel Holland “Stealth taxes drive pensioners into tax-paying status, alarming charities. Frozen thresholds and HMRC communication woes escalate late-filing penalties.” Tax penalties surge for pensioners due to frozen thresholds. Elderly facing...
Nigel Holland examines the charge on child benefit ” You may have to pay the High Income Child Benefit Charge if you or your partner have an individual income that’s over £50,000. If the income exceeds £60,000 Child benefit is removed completely. You’ll need to...
Nigel Holland “Inheritance tax is viewed as one of the most unpopular taxes around. This is because it is a form of double taxation. A taxpayer saves all their life, these savings represent savings after tax. The tax payer accumulates a lifetime of wealth which...