HMRC might have been incorrectly applying their own employment legislation. A HMRC contractor has successfully claimed for £4,200 of unpaid holiday pay after being forced to work through an employment agency rather than as a direct HMRC agency employee.
According to recent figures, 75% of British businesses feel weighed down by the burden of tax administration and compliance. It is believed that this has increased considerably in recent years, with some people describing the tax system as positively Byzantine.
In normal years, the Autumn Budget (formerly the Autumn Statement) is announced in November. However, with less than 6 months left on the countdown to Brexit, this year is far from a normal year.
On 16 August, Aretha Franklin passed away, aged 76, in hospice care after battling pancreatic cancer. She didn’t leave a will. This leaves her four sons and other family members to work out her total assets and divide them amongst themselves.
Pensions freedoms introduced three years ago give people greater flexibility with how they take the benefits from their personal pension. Defined Benefit (DB) schemes, commonly known as Final Salary pension, do not provide the same level of flexibility.
With just seven months to go, the prospect of a ‘no deal’ Brexit looks increasingly likely.
As autumn approaches many students are preparing to start university for the first time. For most, this will mean leaving the place they grew up in behind as they embark on a life far from their home comforts.
The Middle Ages are not generally associated with multinational banking. However, during the 15th century, Florence’s Medici family built a banking empire that dominated Europe for a century.
By 2030, it is estimated that one in five jobs in Britain will be automated. When you consider that the workers currently doing these jobs pay income tax, this may pose quite a problem for the Inland Revenue. One solution that has been suggested is that of a ‘robot tax’.
Autumn can be a difficult time of the year to plan a getaway. Even Europe’s sunspots can suffer from highly variable weather.