20/07/2011
Other UK News In Brief
Youth Arrested Under Computer Misuse Act
Officers from the Met's Police Computer e-Crime Unit have arrested a 16-year-old male on suspicion of breaching the Computer Misuse Act 1990. He was arrested at an address in south London and remains in custody at a central London police station. Computer equipment was taken from the address for analysis.
Summer Job Students Reminded About Tax
HM Revenue & Customs is reminding students that they may not have to pay tax on the money they make from summer jobs. To earn extra cash, many undergraduates take on summer jobs. But large numbers are unaware that, provided their total earnings for the tax year are less than the personal allowance of £7,475, they will not have to pay any tax on the money they make. Students are urged to fill in a P38(S) form to ensure their employers don’t deduct tax they don’t owe. Those who fail to fill in the form will not lose out, however, as they can reclaim any tax paid by sending a HMRC form P50. Stephen Banyard, Director General of Personal Tax at HMRC said: “We don’t want students to pay tax when they don’t owe any, so we’re encouraging them to fill in a P38(S) and send it back to us. That way they can keep all the money they’re earning for student life’s essentials.”
Appeal After Bus Driver Is Racially Abused
Police officers from the joint Metropolitan Police Service and Transport for London Safer Transport Command Workplace Violence Unit are appealing for information in connection with a racially aggravated public order offence in Tower Hamlets. The incident occurred at approximately 16:00hrs on Tuesday 8 March onboard a route 277 bus, travelling towards Leamouth. The male suspect, who was travelling on the bus, threatened and racially abused the driver after he refused to let him off in-between bus stops. The suspect is described as a white man, wearing a white baseball cap and light coloured jacket. Anyone with information is asked to contact Crimestoppers.
(BMcN/GK)
Officers from the Met's Police Computer e-Crime Unit have arrested a 16-year-old male on suspicion of breaching the Computer Misuse Act 1990. He was arrested at an address in south London and remains in custody at a central London police station. Computer equipment was taken from the address for analysis.
Summer Job Students Reminded About Tax
HM Revenue & Customs is reminding students that they may not have to pay tax on the money they make from summer jobs. To earn extra cash, many undergraduates take on summer jobs. But large numbers are unaware that, provided their total earnings for the tax year are less than the personal allowance of £7,475, they will not have to pay any tax on the money they make. Students are urged to fill in a P38(S) form to ensure their employers don’t deduct tax they don’t owe. Those who fail to fill in the form will not lose out, however, as they can reclaim any tax paid by sending a HMRC form P50. Stephen Banyard, Director General of Personal Tax at HMRC said: “We don’t want students to pay tax when they don’t owe any, so we’re encouraging them to fill in a P38(S) and send it back to us. That way they can keep all the money they’re earning for student life’s essentials.”
Appeal After Bus Driver Is Racially Abused
Police officers from the joint Metropolitan Police Service and Transport for London Safer Transport Command Workplace Violence Unit are appealing for information in connection with a racially aggravated public order offence in Tower Hamlets. The incident occurred at approximately 16:00hrs on Tuesday 8 March onboard a route 277 bus, travelling towards Leamouth. The male suspect, who was travelling on the bus, threatened and racially abused the driver after he refused to let him off in-between bus stops. The suspect is described as a white man, wearing a white baseball cap and light coloured jacket. Anyone with information is asked to contact Crimestoppers.
(BMcN/GK)
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30 November 2010
Corporation Tax Reform To Create 'Competition'
The Government has published details of its Corporate Tax Reform programme consisting of a series of essential reforms designed to improve the UK's tax competitiveness. Measures include the introduction of new Controlled Foreign Company (CFC) rules and a commitment to introduce a Patent Box.
Corporation Tax Reform To Create 'Competition'
The Government has published details of its Corporate Tax Reform programme consisting of a series of essential reforms designed to improve the UK's tax competitiveness. Measures include the introduction of new Controlled Foreign Company (CFC) rules and a commitment to introduce a Patent Box.
30 May 2014
More Fall Into Debt Following HMRC Overpayments
The number of issues reported to Citizens Advice of people falling into debt as a result of repaying overpaid tax credits increased by 14 per cent in the 2013/14 tax year. Tax Credit debts arise when HMRC over-estimates a person’s entitlement to financial support and ends up having to recoup overpayments.
More Fall Into Debt Following HMRC Overpayments
The number of issues reported to Citizens Advice of people falling into debt as a result of repaying overpaid tax credits increased by 14 per cent in the 2013/14 tax year. Tax Credit debts arise when HMRC over-estimates a person’s entitlement to financial support and ends up having to recoup overpayments.
06 April 2011
Government Tackle Tax Avoidance
David Gauke, Exchequer Secretary to the Treasury, has today announced a change in legislation to prevent tax avoidance. The measure will prevent individuals from taking advantage of a tax loophole that would have emerged today had the Government not taken action.
Government Tackle Tax Avoidance
David Gauke, Exchequer Secretary to the Treasury, has today announced a change in legislation to prevent tax avoidance. The measure will prevent individuals from taking advantage of a tax loophole that would have emerged today had the Government not taken action.
18 March 2004
Chancellor’s film relief rules broadly welcomed
Chancellor Gordon Brown’s decision to offset the closing of a tax loophole widely used by filmmakers with extended tax relief has been generally well received by industry bodies.
Chancellor’s film relief rules broadly welcomed
Chancellor Gordon Brown’s decision to offset the closing of a tax loophole widely used by filmmakers with extended tax relief has been generally well received by industry bodies.
30 January 2004
Government hails Child Tax Credit figures
The government has hailed its Child Tax Credit and Working Tax Credit after official figures revealed that six million families had taken up the scheme in the 10 months since their introduction.
Government hails Child Tax Credit figures
The government has hailed its Child Tax Credit and Working Tax Credit after official figures revealed that six million families had taken up the scheme in the 10 months since their introduction.