Millions of self-employed workers will now face higher tax bills because Chancellor Philip Hammond has scrapped plans to abolish Class 2 National Insurance contributions (NICs).
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If you are a landlord and do not notify HMRC of your chargeable income, and they find out through their own sources you may be issued with an ‘information notice’ in respect of rental properties. You will need to answer specific queries raised in the notice.
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With the array of online tools and self help resources available, it can be tempting to try and take your finances into your own hands from time to time.
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What a perverse world we live in. In my younger days we used to wait with baited breath in March to find out how much tax we would be paying from the following month.
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