Wilder Coe LLP - March 2015

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Tax summaries go online

News Article

More than eight million taxpayers who filed their 2013-14 tax return electronically by the 31 January deadline can now access their tax summary online. The summaries set out how much tax and national insurance …

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Marriage allowance comes a step closer

News Article

Married couples and civil partners can now register to receive a new tax break. The government opened online registration for the marriage allowance, which will help to save couples up to £212 a year, …

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NMW set to rise to £6.70

News Article

The Low Pay Commission has recommended that the adult national minimum wage (NMW) rate should increase to £6.70 an hour from October 2015. If its recommendations are accepted by the government, the three …

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Charities offered new web service

News Article

Charities can now register their details online with HM Revenue & Customs (HMRC). The digital service allows new charities to register their details with HMRC for tax purposes. It includes checks and …

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‘Pot follows member’ to start in 2016

News Article

A new system to stop workers losing small pension pots as they move from job to job is set to be launched next year. Under the initiative, due to take effect from autumn 2016, workers will initially be …

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Taxpayers urged to challenge error penalties

News Article

Taxpayers who filed returns by the self assessment deadline of 31 January, but who made a mistake on their forms, could be facing a demand from HM Revenue & Customs (HMRC) for an inaccuracy penalty, …

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Webb calls for pensions tax relief reform

News Article

Pensions Minister Steve Webb has called for a 33 per cent flat rate to be introduced for pensions tax relief, replacing the 40 and 45 per cent rates for higher earners. Mr Webb was speaking at an 11 February …

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