taxation
Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin literature from 45 BC, making it over 2000 years old. Richard McClintock, a Latin professor at Hampden-Sydney College in Virginia, looked up one of the more obscure Latin words, consectetur, from a Lorem Ipsum passage,… Read more »
Latest articles
Savers on low incomes are eligible for extra tax relief from this April. The Government has announced that there will be no tax on savings income of up to £5,000 above the personal allowance.
Taxpayers who filed by the Self-Assessment deadline of January 31st but who made a mistake in their submission could be facing a demand from HMRC for an ‘inaccuracy penalty’ typically amounting to 15% of the tax understated.