Tag Archives: income

Reminder on Married Tax Allowance

HMRC are reminding people that there is a limited married or civil partnership tax allowance. A quick summary can be found on HMRC’s part of the Gov.UK website where they say :- “Marriage Allowance lets you transfer £1,100 of your … Continue reading

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Income Tax and National Insurance Merger Spin (Again)

More media rumours of the government spinning plans to merge income tax and national insurance. Having two different taxes, with different rules, on what to most people looks like the same money is odd. The reason though is the government … Continue reading

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The 40% Stealth Income Tax

Amongst all the pre-Budget speculation I was interested as a tax barrister in the 40% income tax band as yet another stealth tax. Back in the Nigel Lawson days the 40% income tax band covered just 1 in 20 people. … Continue reading

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Tax System Discriminating Against Children?

The UK imposes some of the highest taxes on a family with children and one working parent in the world. A pre-Budget report shows the UK average family with children in 2012 were taxed at 20% of gross income. Compared … Continue reading

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Politics vs. Value of Raising Personal Tax to 50%

One of the main political parties has announced its plan to raise the top rate of personal tax to 50%, if it wins the 2015 election. As a tax barrister looking just at the technical angle, and leaving politics aside, … Continue reading

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French Tax on Customer Courtesy ?

Intrigued by French reports of a cafe in Brittany being fined €9,000 tax when customers returned drinks trays and empty glasses as a courtesy to the bar. The supposed problem for the French social security agency was an alleged breach … Continue reading

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Property Tax / Rental Income – Out of Tune

As a tax barrister I was interested to see that a commercial property company owned by a political party (Labour) has not paid any tax since 2003. Despite millions in rental income over the years it somehow made losses. This was partly due … Continue reading

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