Few people are set to claim improved working tax credits announced in last
week’s Budget, the Treasury has admitted, undermining its claim that the credits
would compensate for higher tax bills brought about by the abolition of the 10%
income tax band.
Mark Neale, speaking to MPs at the Treasury Select Committee yesterday, said
the department was assuming ‘take-up rates in line with the current rate,’
About two million of the seven million people entitled to claim the working
tax credit and child tax credit do not do so.
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