The Treasury has published tables of income tax rates and allowances, NIC rates and limits, and tax credits rates and thresholds for the tax year 2011/12.
Payments of Class 2 national insurance contributions will be due on 31 January and 31 July, in line with self assessment due dates, with effect from April 2011, HMRC announced.
The Government believes that few individuals will incur tax charges as a result of exceeding the annual allowance for tax-privileged pension saving, said Mark Hoban, Financial Secretary to the Treasury.
Your refresher guide, by Simon Groom
Jacky Kinsey and Gemma Gill consider the tax obstacles facing UK small businesses on expansion overseas
Tax agents are being asked to complete a short survey on the filing of individuals’ self assessment returns.
Contractors who are charged penalties for late filing of monthly returns may elect for the penalties to be re-calculated under new rules introduced by FA 2009 Sch 55 and set to take effect in October 2011, HMRC has announced.
Andrew Lines looks at capital taxes from the shareholders' perspective when selling a company
The Capital Allowances (Environmentally Beneficial Plant and Machinery) (Amendment) Order, SI 2010/2483, makes changes to reflect the issue on 28 September of revised lists of qualifying technologies in relation to CAA 2001 ss 45H, 45I and 45J.
Anyone sending in a self assessment return for 2009/10 on paper has only a few days left to file the return. HMRC has reminded taxpayers that paper returns filed after 31 October could incur a £100 penalty.