Advisers should brace themselves for a surge in tax credit advice for married
couples after a new report highlighted problems with the system.
Tax Advice Network chairman Mark Lee has warned that a new Civitas report
into the tax credits system, which has flagged up issues with married couples
claiming credits, could see accountants providing more advice in this area.
‘More and more accountants will find themselves having to advise on tax
credits,’ said Lee. ‘And although their motivation for doing so will be to
assist clients in securing the levels of tax credits to which they are ”
entitled”, it could also lead to them being asked about the impact on tax
credits claims if a couple marry.’
Crowe Clark Whitehill , the top 20 accountancy firm, has announced the promotion of Chris Mould to partner
The latest opinions from Accountancy Age on Making Tax Digital, and outline plans to evolve the UK's corporate governance regime
Five million taxpayers are ow using digital personal tax accounts (PTA) as part of the making tax digital strategy, HMRC said
UK-based non-doms have paid ten times more tax than the average taxpayer, raising concerns over the Brexit impact on non-dom contributions and therefore, the economy