Archive for October, 2010
Education costs & tax relief
Given the current state of the job market and length of the dole queues, remaining in education is an attractive refuge for many students, both Irish and foreign. On top of this, many people who have been the victims of job cuts and redundancies are...
Read the full articleThe Comprehensive Spending Review
If you want to make enemies, try to change something. ~Woodrow Wilson Today at 12.30pm the Chancellor will set out the Government’s 4-year spending plans to try and drag the UK out of the financial mire it is currently in. He is going to make...
Read the full articleICAS berates HMRC
The Institute of Chartered Accountants of Scotland (ICAS) recently released the results of its member survey on HMRC’s performance. In reality, the survey revealed nothing that is not common knowledge at this stage if you’ve been following us but it is useful anyway to summarise...
Read the full articleApply for your US tax refund and win a shiny new iPad!
Taxback.com is running an exciting new US tax competition. We’re giving a much-coveted Apple iPad to one lucky US tax customer. Yes, not only could you be getting a healthy refund back, you could also be the envy of your friends. The iPad has caused...
Read the full articleWill the Government increase VAT in a bid to reduce deficit?
Speculation around Ireland’s forthcoming 2011 Budget continues to grow, with questions being asked across the board on where the money will come from to reduce the country’s deficit. The Irish Government has already stated that it is committed to retaining a 12.5% Corporation tax rate,...
Read the full articleSelf-assessed hit with latest HMRC errors
In yet another twist in the tale of the HMRC blunders, The Telegraph newspaper reports that many self-assessed customers have been wrongly notified of refund amounts up to £24,000 after a glitch in the system. The newspaper reports that chartered accountants, Blick Rothenberg, logged in...
Read the full articlePAYE Chaos – Just in time for Christmas
Back in early September we posted a blog (entitled “HMRC Chaos”) about the first batch of letters from HMRC to the 1.4 million taxpayers who had underpaid £2 billion of PAYE tax due to errors in their Coding Notices. We subsequently reported that the shambles had led to another...
Read the full article