Monthly Archives: September 2014

Personal Tax Returns

Personal Tax Returns   A Personal Tax Return is the standard method by which HMRC check that you have paid the correct income tax, collect any extra tax or pay refunds. In this country not everyone gets a Return to complete, as most people pay their taxes exclusively via...

Child Benefit Clawback

Back in 2012 HMRC decided to introduce a new stealth tax.  The target was high earning parents, in particular single income families, from 7th January 2013. Every parent is entitled to child benefit.  If either parent earns over £50,000 then some of this child benefit is now refundable.   The...