Belfasttelegraph.co.uk - Tax RSS Feed

Tax panic as HMRC January deadline looms

Tue, 29 Jan 2013 11:40:54 GMT

This December and January I have noticed far more people worried about the fact that they have not submitted their 2011/12 Self Assessment Tax Return. Why, I wonder, are there more people worried than before?

Child Benefit Chaos - a simple guide

Mon, 07 Jan 2013 12:16:03 GMT

Child Benefit is changing for over a million people. Are you one? Did you do what you needed to by Sunday 6 January 2013? How do you sort this mess out?

HSBC whistleblower names UK accounts in Jersey

Fri, 09 Nov 2012 10:34:19 GMT

The Daily Telegraph reported on 9 November 2012 that that same week a bank whistleblower had grassed up 4,388 UK people with accounts at HSBC in Jersey.

Earning money as an HMRC informant?

Fri, 02 Nov 2012 13:54:08 GMT

HMRC is paying many thousands of pounds each year to informants who tell them about people who are not declaring all of their income.

Tax chickens come home to roost as £1,200 penalties land

Fri, 17 Aug 2012 09:32:49 GMT

I warned in previous articles that the new penalties for late 2010/11 Tax Returns were eye-watering in their ferocity.

BBC's tax-dodging workers outed in Parliament: How the system works

Mon, 16 Jul 2012 11:01:29 GMT

MPs will quiz top officials from the BBC and a public sector union today about about presenters who are not actually their employees.

Hair-raising tax task-force for Northern Ireland

Thu, 05 Jul 2012 14:10:42 GMT

Hairdressers and beauty salons in Northern Ireland face a clampdown from today. HMRC has launched a taskforce in the province to bring in an extra £2.5 million. Up to 300 businesses may be hit.

Banking – is the Branch broken?

Tue, 19 Jun 2012 10:07:07 GMT

Today I learned how the push for online banking puts bankers’ jobs at risk.

Belfast man sentenced for cigarette smuggling

Fri, 01 Jun 2012 10:57:54 GMT

HMRC tells us that on 31 May 2012 a 40 year-old man, who smuggled 200,000 cigarettes through Belfast Port where he worked as boatman, was sentenced to 200 hours community service.

ebay & Gumtree beware...the Tax-man clicketh

Thu, 17 May 2012 10:32:57 GMT

eBay, Gumtree and other online marketplaces are great for getting that long sought item, or pulling in some cash from what you don’t need. So why is the tax-man sniffing around?

Smacking from HMRC for late Tax Returns

Mon, 23 Apr 2012 09:34:59 GMT

Anyone who has been issued with, and has still not filed, their 2010/11 Tax Return faces being smacked with horrendous penalties from 1 May 2012. They will have already been fined £100 but that will soon seem like peanuts.

Isle of Man banks handing info to HMRC

Thu, 23 Feb 2012 13:34:52 GMT

Letters received in recent days will have caused a few people to choke on their Corn-Flakes. The banks in the Isle of Man are about to pass details for the first time to the UK tax people – the feared HMRC.

Harry Redknapp and the dog walk free from tax case

Thu, 09 Feb 2012 12:05:08 GMT

Harry Redknapp and Milan Mandaric have walked free after a jury found them not guilty of tax evasion (posh term ‘cheating the public revenue’). My national BBC interview about the fall-out from the case is at www.YouTube.com/HustonTV

Ed Lester and the Student Loan Company tax scandal

Fri, 03 Feb 2012 10:50:13 GMT

My latest video is about the story broken by the BBC that Ed Lester (Chief Executive of the Student Loans Company) is not taxed the way a Chief Executive should be. Video is at www.Youtube.com/HustonTV .

Tax Return penalties £10 per day from 1 February 2012

Tue, 31 Jan 2012 13:25:57 GMT

Stop press – HMRC staff’s industrial action will do nothing to save money for people filing a paper Tax Return on 1 or 2 February 2012.

Redknapp & the tax-fiddling dog

Wed, 25 Jan 2012 10:34:43 GMT

In my YouTube video (Tax Evasion for Pets) Kim the tax fiddling collie opens her own bank account…

Tax Help joins the YouTube age

Fri, 20 Jan 2012 11:18:41 GMT

I write this as my YouTube channel marks an important milestone. Videos on it, offering free tax advice, have now been viewed a total of 10,000 times.

Tony Blair’s Mystery tax bill

Tue, 10 Jan 2012 14:42:19 GMT

The Daily Mail reports that former Prime Minister Tony Blair's earnings have soared by 42% to £12 million. Despite this the tax bill was only £315,000.

Capital Gains – filling in the form

Tue, 10 Jan 2012 14:11:13 GMT

Writing this in early January I know many people have put off filing their tax returns because they had capital gains.

Christmas holiday tax check-list

Thu, 22 Dec 2011 14:33:55 GMT

When the dust settles once Christmas Day is over, lots of people have time on their hands and many use it to deal with tax issues which have been pushed to the side all year. What should be their priorities?

Tax-man targets eBay, tutors, coaches and electricians...

Tue, 29 Nov 2011 13:10:00 GMT

Nobody likes paying tax – but it’s just part of being a proper member of a civilised society. What many people dislike, though, is that we all have to pay more tax because some people don’t pay what they should.

Halloween nightmare for tax returns

Tue, 25 Oct 2011 10:06:18 GMT

31 October marks the last day on which you can file, using paper, your 2010/11 Tax Return. File it on paper after that date and you will be fined.

Married tax allowances to return?

Tue, 18 Oct 2011 10:26:42 GMT

David Cameron’s speech to Conservative Conference on 5 October suggested we are to see marriage and tax linked once more. What might this mean, and how will it affect gay couples?

HMRC targets your friends with offshore money

Tue, 07 Jun 2011 09:40:33 GMT

HMRC now tells us it has details of 500,000 people in the UK who have money stashed abroad. Much of it is being hidden from the tax-man and therefore is a ticking time-bomb.

Who gets those darned Self Assessment Tax Returns?

Tue, 17 May 2011 12:17:29 GMT

At its simplest there are two sets of people who have to submit a Self Assessment tax return to HMRC: