Tax simplification a top priority for Treasury Committee Chair
ICAEW hosts Treasury Committee Chair Harriett Baldwin MP for a discussion on tax simplification following the demise of the Office for Tax Simplification. ICAEW Director of Public Sector and Taxation Alison Ring OBE FCA welcomed Treasury Committee Chair Harriett Baldwin MP and representatives from across the tax profession to Chartered Accountant’s Hall on Wednesday 21 […]
Deadline to top up national insurance extended
Taxpayers will have until 31 July 2023 to make voluntary national insurance (NI) contributions going back to April 2006. The government has announced that contributions made in this window will be at the 2022/23 voluntary NI rates. It is normally possible to make voluntary NI contributions for the past six tax years, to top up […]
IFS residential conference: Taxing top incomes
Every two years, the Institute for Fiscal Studies holds a residential conference, which aims to facilitate high-level knowledge exchange between practitioners, policymakers and academics on key areas of policy and practice. This year’s conference will be held in Oxford on 30-31 March and is sponsored by CIOT and supported by Tax Journal. This year’s IFS […]
6 ways to keep on top of your 2021-22 self-assessment tax return deadline and avoid a £100 fine
The deadline for filing self-assessment tax returns is 31 January and, unlike the past two years, the cut-off date won’t be extended. At the start of the year, HMRC was still waiting for almost 5.7 million taxpayers to file their tax returns. If you’re among those who still haven’t filed, there’s just days left to […]
Top instant-access savings rate vanishes before new customers can grab it
Coventry Building Society’s Limited Access savings account closed to new customers just hours before its rate was due to increase to a market-leading 3.25% AER. The provider told us this came after weeks of strong demand, following news last month that it would increase the then rate of 2.85% AER by 0.4% on 6 January. […]