Fraudsters are currently using emails and text messages to target individuals by promising them a tax rebate. HMRC has warned that many of the messages contain links to websites that steal personal information and individuals should not reply, click on any links or download any attachments.
HMRC is currently processing tax refunds for tax returns covering the 2017/18 tax year. If a genuine refund is due, a letter showing your tax calculation and details on how to get your refund will be sent by post between the months of June and October.
HMRC has asked for a record 20,750 websites to be taken down over the past 12 months. This was a 29% increase on the previous year. It says it has brought in technology to tackle cyber-crime but warned the public to be aware and report phishing attempts to phishing@hmrc.gsi.gov.ik and questionable texts to 60599
11/07/2018
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12/12/2018
Proposed Private Residences CGT Changes
Included in the Budget 2018 was an announcement that lettings relief is to reformed so that it will only be available in circumstances where the owner of the property has shared occupancy with a tenant. Also,
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04/12/2018
Auto Enrolment Increase from April 2019
On 6 April 2019 the minimum contribution levels for auto enrolment workplace pension schemes are due to increase. From that date all employers will be required to increase their contribution towards their
28/11/2018
Inheritance Tax Makeover
The Office of Tax Simplification has published the first of two reports outlining how and why the inheritance tax system needs to change.
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