The UK government’s plan to take people with Pay As You Earn (PAYE) linked earnings of between £100,000 and £150,000 per annum and no other substantive sources of income, out of the Self-Assessment Tax Return system will result in many taxpayers in this bracket overpaying taxes, tax and advisory firm Blick Rothenberg has warned.
Robert Salter, a tax technical specialist with the firm, believes the move to take people out of self-assessment appears purely designed to help HMRC...
Start a free trial now for access to breaking news of the regulatory environment and legislative change happening in wealth management.
You are currently not logged in,
login to view the full article
start by clicking this button.
Need a subscription,
fill out the form here or
contact subs@eprivateclient.com
PAM Insight is the world’s leading independent provider of essential specialist news, analysis and comparative data for the fast-evolving world of wealth management.
Read more about PAMeprivateclient is the leading website and news service for private client practitioners, including lawyers, accountants, trustees and fee-based IFAs.
Read more
