hmrc

This tag is associated with 35 posts

“I do do do” to Marriage Allowance

If you are married or in a civil partnership, you and your partner may be eligible for the tax-free break known as marriage allowance, and if your claim is backdated, you may take home a lump sum of up to £900. This tax year (2018/2019), the allowance allows the transfer of £1,190 from a low-earner’s … Continue reading

A small blow to Individuals – Self Assessment

From 13 January 2018, HMRC will stop accepting payments by personal credit card. This means you need to have the money in your bank account to cover your dues if relying on the Jan 31 deadline. On one hand, it’s a good move since credit card interest is much higher than what HMRC imposes for … Continue reading

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